youngm replied to the topic Lots of vacant rental properties in a suburb? in the forum General Property 9 years, 11 months ago
Good point, Jamie. This is actually quite a large town with ~34,500 in population.
Spoke to a couple agents in the area and they advise it takes typically 2-3 weeks to get a tenant in, which sounds promising.
I think we’ll go ahead and buy this property we have our eye on and see how it goes :)
Thanks again!
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youngm started the topic Lots of vacant rental properties in a suburb? in the forum General Property 9 years, 11 months ago
Hi guys,
We were thinking of purchasing a nicely renovated 3BR investment rental property in a suburb very close to the Peninsula which has a vacancy rate of approx 2.1%. The property is very close to all major amenities, schools, transport, cinemas, Uni and the local CBD and hospital etc.
After further research, we found there are approx 144…[Read more]
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youngm became a registered member 9 years, 11 months ago
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youngm replied to the topic [ADVICE] Purchasing a property on subdivided block? in the forum General Property 9 years, 12 months ago
Thanks for tuning in JacM & Ben.
I guess it’s a 3 BR plus a Study since one of the rooms doesn’t have a BIR, however, it can be used as a BR if one was so inclined.
The property is very close to beautiful, large park-lands, so if a family had younger kids who like playgrounds, it’s only a 200-300m walk to these parklands. In the other direction…[Read more] -
youngm started the topic [ADVICE] Purchasing a property on subdivided block? in the forum Help Needed! 9 years, 12 months ago
<p style=”font: 13px/20px ‘Open Sans’, Arial, Helvetica, sans-serif; margin: 0px 0px 20px; text-align: left; color: #666666; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-size-adjust: none; font-stretch: normal; background-color: #ffffff; -webkit-text-stroke-width: 0px;”>Hi all,
<p…[Read more] -
youngm started the topic [ADVICE] Purchasing a property on subdivided block? in the forum General Property 9 years, 12 months ago
Hi all,
I’m looking at buying a house as a rental property, however, the dwelling sits on a block which has been subdivided.
The house I wish to purchase is the front street-facing property and the rear property is a new double storey townhouse. Both residences have a shared driveway and each has their own double garage.
The house has 4…[Read more]
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