Hi,
I currently own one house in Darwin which I've had about 5 years. I've got a fair bit of equity now so thinking of buying an investment property. Darwin is too expensive so I'm looking elsewhere.
I'm thinking Cairns for the following reasons:
- cheap (compared to Darwin...)
- similar climate. I like the idea of owning an investment I could potentially live in if I decide for a change in a few years.
- casino project
- high demand for house rentals
I've been researching 3 bedroom houses around Yorkeys Knob, Holloways Beach, Machans beach etc.
I am hoping to spend around $350K neg for a place close to the beach, easy access to cairns city.
Any opinions, feedback etc would be greatly appreciated.
I currently own one house in Darwin which I've had about 5 years. I've got a fair bit of equity now so thinking of buying an investment property. Darwin is too expensive so I'm looking elsewhere.
I'm thinking Cairns for the following reasons:
- cheap (compared to Darwin...)
- similar climate. I like the idea of owning an investment I could potentially live in if I decide for a change in a few years.
- casino project
- high demand for house rentals
I've been researching 3 bedroom houses around Yorkeys Knob, Holloways Beach, Machans beach etc.
I am hoping to spend around $350K neg for a place close to the beach, easy access to cairns city.
Any opinions, feedback etc would be greatly appreciated.
Investment property- Cairns
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