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Forum General Property Investments

Do many investment properties return 8%+?

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Property 101 | 14 Nov 2014, 10:46 PM Agree 0
Hi:

I am about to take my first step into property investment and have been scouring my preferred market of Victoria for high yield returns.

I am wondering if there is anyway to tell just how many investment properties return above a certain level?

For example, I saw this tonight come up in my search in date order of listings:

http://www.realestate.com.au/property-house-vic-st+albans+park-118488575

The agent says it returns over 8%.

So I am wondering how often properties with this kind of return are likely to come up?

Any ideas?

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  • glennrhee | 19 Nov 2014, 05:09 PM Agree 0
    Buying a brand new house is not that easy if you don't have a stable job. You should have at least a stable job with a stable income to help you with your fees. Reverse mortgages are a bit of a niche financial product, as they are only available to seniors. The loans can offer some funding for retirement, but the Consumer Financial Protection Bureau is looking into the goods to see if any extra legislation might be warranted.
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    • | 18 Dec 2014, 05:30 PM Agree 0
      Hi:

      I am not sure what you mean. I have a stable job/income and are not looking for a reverse mortgage.

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