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Will do, it settled like a week ago I think. The AUD will help out this economy along with a few other economic changes and proposals for Cairns. Not enough to make any big ripples, but definitely for workers etc... Just bought a few others here too off market and will post the results...

I don't suggest anyone follow me on buying here. Nor do I on any of those cheap regionals I buy, just sharing what I am up to. It does have its risks but I have minimised these. I have found with Cairns units when tenant moves in they stay long term. I will have this rented to a permanent...

As for the error..... Its no error its based on fundamentals I will get $160 for it. I was told less from the agent but I do my own due diligence to come up with the number of $160pw. I love games; Lets say $150pw and for every dollar less I receive I will match it personally and donate to...

Quiet a lot of questions. WHilst its not for everyone, its a risk and I would never place a portfolio starter on this, it is a good little buy and hold with upsides. It is in a block of a few hundred so you would need to expect to see a few for lease. The market is soft, but yet these...

Stress I am feeling. These things are part of holiday resort, yet they rent private rentals. Strata is high, but at the figures purchased using cash it is 10%pa return on my cash purchased :)

Ok, Here is one for everyone to chew on the numbers of. It is a studio in Cairns, purchase price $20,000 rent potential $160ish pw. Its out of usual buying criteria but the vendor paid $113,000 12-24 months ago. Comparable sales are around $45,000 - $90,000. Enjoy...