Today we'll do a quick analysis of the suburb of Shepparton in Victoria.
Here are some quick numbers.
Population - 32,079
Median House Price - $455,000
Weekly Rent - $460 p/w
Rental Yield - 5%
Vendor Discount Rate - 4.35%
These are some pretty good numbers and buying an investment property like this can deliver some solid returns - https://www.realestate.com.au/property-house-vic-shepparton-146630924.
With the available land in the backyard, there could also be potential to build a granny flat to generate additional income which would make the investment yield positive cashflow.
