So you have $300,000 and you want to invest in property. What solid properties are available in some popular places across Australia?
Here are some options:
Lakelands (Perth/Mandurah) WA
This is a 3 Bed, 2 bath property, garaging for 2 cars. It is ‘on the doorstep’ for activities such as fishing, cafes and restaurants.
This is in the heart of Fitzroy and features 2 bed, 2 bath and a parking space. This would appeal to many investors.
The carrot with this property is that the current owner will pay the Stamp Duty. This is another 2 bed, 2 bath property, but no parking space included. This property is in the heart of the CBD
This would be a renovators dream, since it hasn’t been looked after in the past 20 years! But if you’re inspired by a blank canvas, this 4 bed, 1 bath property may just tick the boxes.
A serviced apartment with a net return of over 6%. This is a luxury furnished studio apartment.
So this is what $300,000 will buy you at the moment, are any of these properties appealing?