All Topics / General Property / Does Oz Still offer good returns 4 properties?

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  • Profile photo of daaussiedaaussie
    Member
    @daaussie
    Join Date: 2004
    Post Count: 31

    Hi I have over the last 3 years bought 3 properties and I am struggling since July2003 to find a good return property.

    The boom has crippled returns as far as I see it.

    Anyone beg to differ?

    Feel free to email or PM me if you want to chat about it.

    [strum]

    Profile photo of kpkp
    Member
    @kp
    Join Date: 2004
    Post Count: 509

    Depends where you are looking….
    What return do you need for it to qualify as “good” ?
    Always possible to find a run down or subdivide property and improve the yield by some improvement to the property.
    Depends how keen you are and how much time you have avaailable to look…

    KP

    Profile photo of AUSPROPAUSPROP
    Participant
    @ausprop
    Join Date: 2003
    Post Count: 953

    yes ‘good’ is very subjective. even if you paid cash for a property, quite a few still beat an on call interest bearing bank account, so I geuss that’s good? But in comparison to rent yields a couple of years ago, its a dog



    Extensive list of ‘Off The Plan’ property available for sale in Perth.

    John – 0419 198 856

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