Typically these types of properties are found in:

• Small pockets within central major cities. This is becoming less common.
• Outside of major city centres (ie outside of a 10-15 kilometre radius of the main centre).
• In the provincial regions, just outside the main town centre.
• Definitely in the fringes and outer areas.
• Blocks of flats and multiple income properties are typically better cash flow
• Use the Guiding Rule of $100K purchase = $200+ rent per week to give a Gross yield of 10% is also a good starting point but this does not necessarily mean that it is a good cash flow property.

Print PDF