Student housing

[sweetpea]

Hi all,
We are new to APF and new to blogging in general, so forgive me if I am starting up a conversation you have already had. We have started to investigate getting into an investment property and have spent today looking into various student housing properties/projects around melbourne (burwood - deakin, and hawthorn/toorak).

Would love to get some advice/opinions on this type of property vs normal residential unit/apartment in todays market.

We are aware that it is more of an income property vs capital gains ... is that such a bad thing if you are going to hang on to it for a while.... ?

what is the general forum opinion on student housing?:confused:

[Purple XS2]

Greetings SW.

I haven't owned any student houses, but I have lived in a few.
Rental stream is usually good and constant, but the clientele can be variable: sometimes very good and sometimes very bad.

My advice for a strategy would be to be very informed, and very prepared, about how to deal with a dodgy household - how to apply legitimate persuasion to encourage them to mend their ways, and how to get them out if they don't.

Regards,
P