Bedrooms are the key to larger homes having the rental return you require and chosing your location is critical to making the yield and the purchase price work in your favour.
A medium sized 5 bedroom home or sleep outs added to smaller homes are a great way of making your out of pocket cost as low as possible. Being standard residential dwellings, when it comes times to sell these appeal to the largest amount of buyers.
The focus here is to stick as closely to the median price range, lower price properties can be a slower growth on the capital gan front and the rental market can be higher in the problematic sector of tenants. On the other side of the coin is the higher valued properties which whilst will more likely be in the kind of areas you would like to live yourself, the reality is higher priced properties are more subjected to larger price swings, great when they are going up, no so great when the property market is in one of the low parts of the economic cycle. Also rent returns typically are not high enough to cover the out of pocket costs.
