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NilsOman

  • NilsOman replied to the topic stagnated rent! in the forum General Property 19 years, 11 months ago

    Unfortunately for us investors, the rent has been very stagnant for a long while.
    I bought a good rental property in Kew, Melb in 1991. I got $ 760/mth then in rent. Today I get $1080/mth. Both rents were/are at market.
    The truth is that it is extremely cheap to rent a place In Melbourne today. Once the interest rates starts to go up and the…[Read more]

NilsOman

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