If you are looking to start or expand your property investment portfolio in 2018, we have some outstanding prospects waiting just for you.
While banks may be tightening up on investment lending, the good news is that if you’re ready, there are so solid investments available in the market right now that are returning above average yields.
Here’s a few of our hottest investments to get you started for 2018…
30 Allman Crescent, Aberfoyle Park
Currently leased to a wonderful tenant, this three bedroom family home has been upgraded to work with a modern lifestyle. Positioned on almost 650sqm of land, not only is the yield for this property strong at just over 5%, but so is the potential for Capital growth.
3 Bed | 1 Bath | 2 Car | Yield: 5% | Price: $369,000
9/55 Brebner Drive, West Lakes
Just moments from the water, this neat and tidy two storey townhouse offers an ideal entry point to the market. With potential rental income of $290 per week, complete with air conditioning, undercover carpark and close to transport, this is a great offering to add to your portfolio.
2 Bed | 1 Bath | 1 Car | Yield: 5% | Price: $299,000
4/140 Pleasant Avenue, South Plympton
Make some cosmetic improvements and reap the rewards on this gem in the heart of South Plympton. With the Tram at your doorstep and easy distance from the city or the bay, the original condition of this unit allows you to make significant improvements to maximise your returns. In it’s current condition, the property would look to rent at $275 per week.
2 Bed | 1 Bath | 1 Car | Yield: 5.5% | Price: $260,000