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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