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Ergomike

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    Ergomike replied to the topic Determining property value in the forum Help Needed! 11 years, 10 months ago

    Thanks for your feedback

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    Ergomike started the topic Determining property value in the forum Help Needed! 11 years, 11 months ago

    Hi All,
    I have a property that has recently been valued by 2 independent valuers at $1.5M. There are 7 units currently rented out on 12 month leases with a total return of $125K less leasing fees. The property is located in the CBD of a major regional town in Victoria > 150,000 people.
    Is this valuation unusual, given that the return is >8% ?
    I…[Read more]

Ergomike

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