All Topics / Help Needed! / Is Sunshine ok to invest?

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  • Profile photo of RoseRose
    Member
    @rose
    Join Date: 2004
    Post Count: 27

    Hi Everyone,

    Since reading the book 0-130 properties, I have done nothing but look at properties and I am hoping to get a unit in Sunshine. The book has been the best investment of my life!

    I had a look at some properties in Sunshine and surounding areas. The properties seem affordable though the rental income is not so high – around 5-6% return in most cases only around 5%.

    I did a bit of research and the properties have doubled in the last 10 years.

    Any advice?

    Rose
    http://www.elegantdog.biz

    Rose

    Profile photo of Supa FreakSupa Freak
    Member
    @supa-freak
    Join Date: 2004
    Post Count: 101

    Hi Rose, i grew up in Sunshine, there are heaps of really solid concrete MOH houses around. They are a bit too pricey for me but geez i wish i had bought my parents $60,000 house when they moved on 20 years ago….

    What price range is your unit in?

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