10 suburbs under $600K primed for rentvesting
With younger Australians increasingly being priced out of the most desirable suburbs, it’s no wonder many are looking to ‘rentvest’ to not only enjoy a sophisticated inner-city or coastal lifestyle, but also progress their property investment goals.
Located around 28km north of the Brisbane CBD, Redcliffe may not appeal to inner-city buyers, but it could provide a compelling rentvestment proposition. Photo: Shutterstock (Image source: Shutterstock.com)
With younger Australians increasingly being priced out of the most desirable suburbs, it’s no wonder many are looking to ‘rentvest’ to not only enjoy a sophisticated inner-city or coastal lifestyle, but also progress their property investment goals.
Rentvesting is a relatively simple concept; buyers purchase in a location they can afford, then lease that property out to cover the mortgage and continue renting in their suburb of choice.
It's al…
