Hi,
This i my first thread so please let me know if i do not supply all info needed for my questions.
i currently reside in Sydney and have 5 IP's in NSW some in regional areas and others in Sydney. My strategy has always been buy and hold and i prefer properties with a yield of over 4.5%. I am currently considering buying my next IP in Brisbane as i have heard alot of talk about the Brisbane market being on the upswing of the property cycle and good CG to be made in certain areas.
Therefore my questions are what are the better suburbs to buy in for CG? Do you suspect most of the growth in the brisbane market being due to investor activity? What are the key factors to drive growth in the Brisbane market?
Yes i have done alot of research into Brisbane i am just fishing for more information on the area, other Property Investors opinions and the better suburbs to potentially purchase in(ofcourse after my own due dilegence is done). Any info will be helpful.
Budget is around the $500k Mark
Please Note i am also considering sticking to the Sydney market(western Sydney), just need to work out what will achieve better results for my portfolio.
Thanks
This i my first thread so please let me know if i do not supply all info needed for my questions.
i currently reside in Sydney and have 5 IP's in NSW some in regional areas and others in Sydney. My strategy has always been buy and hold and i prefer properties with a yield of over 4.5%. I am currently considering buying my next IP in Brisbane as i have heard alot of talk about the Brisbane market being on the upswing of the property cycle and good CG to be made in certain areas.
Therefore my questions are what are the better suburbs to buy in for CG? Do you suspect most of the growth in the brisbane market being due to investor activity? What are the key factors to drive growth in the Brisbane market?
Yes i have done alot of research into Brisbane i am just fishing for more information on the area, other Property Investors opinions and the better suburbs to potentially purchase in(ofcourse after my own due dilegence is done). Any info will be helpful.
Budget is around the $500k Mark
Please Note i am also considering sticking to the Sydney market(western Sydney), just need to work out what will achieve better results for my portfolio.
Thanks