Hey Ben,I just emailed you. Seems that the Tasmania market is slow at the moment. Maybe wiser to aim for a high rental return property rather than aiming for short term gaining capital growth….Just a mater of choosing suburbs.What are your thoughts on Queenstown?? You can purchase a 2 bdrm house for under a $100k!

I’ve just many things abt rokeby.. How it’s not a good place with low Eco socio population there. Hence I know the capital growth in that area ain’t gonna be high. Rental market …. I’m not 100% certain how it is there though. It’s suss cos there are a couple of similar units selling on the same street/block

In particular with the Rokeby unit, council and water are $1000 per year, body Corp $317 per year. This adds up to $25 pw. Minus management fee of 6 % = $9 pw. Give ortake it’s $100pw net rent.
Risk isn’t much as it’s so cheap the price