Recent content by gman65

Where do you work? Where are you likely to work in the next 10 years? If its the CBD or closeby, the traffic will do your head in from that far out. I would rather pay $200k more to have 2hrs of my life back each day.. Life is short, time is precious.

Which has the fastest growing population? Invest there..

Just pulling out onto the road each morning would be a pain in the .. Unless it was very cheap, I think the premium of a couple of streets either side would be worth it.

Been to a few OFI last few weeks around 10-15km from Brisbane.. 5-6 people at most of them. Doesn't seem like any urgency by any buyers. I don't feel much need to rush into anything. Sunnybank might be a bit different - but Chinese gonna Chinese :rolleyes:

http://www.afr.com/real-estate/residential/nsw/asics-greg-medcraft-quite-worried-about-sydney-melbourne-house-prices-20150518-gh3fmf

I would at least have a bit of a look closer to the city and see the difference... most want to live closer to the city if possible, and while the properties will be more expensive, they will attract higher rent. Sounds like everybody is jumping on the band-wagon of what has been discussed...

Redcliffe used to be refered to "deadcliffe" for good reason, but is improving on that stereotype, and may one day be desirable due to beach location. Any of those areas will have elements of undesirables. Remember also, 28km to Brisbane is often perceived to be similar to 40km out of Sydney...

With Labor in for a few months now, I can see public sector jobs increasing too..

Mt Gravatt is post-war, which means the majority of homes in the area were built on the cheap, using the common material at the time (fibro - cheap, fireproof, durable.. ok they learned the bad bit later). There was a boom in Brisbane in the 50's, where a lot of what is now "Brisbane" sprung up...

People are reading the latest investment books and thinking this is the best way to secure a bargain ;)

I just got my revised notice for BCCC area in the mail.. +20% increase from 2007 to 2009.. Nicely they decided to stop valuing when values were falling at the peak of the GFC, yet are very quick to jump back on and revalue upwards as prices are steady or rising :rolleyes:

red money knows no logic, other than you buy and it goes up in value ;)

The figures they are talking about are seasonally adjusted, meaning they are in comparison to the same period as last year.. this is to eliminate the "on holidays, less stock is available in January, January is quieter", etc phenomena. That's the entertaining thing about the d&g'ers...

I'd be careful considering you're clearly in a relationship, going to be living in the same property, and having babys and claiming other payments from the government.. lot of cross checking goes on between the government departments. Only for your own benefit.. paying back the FHG could be...

Property instantly drops a minimum of $7k under $500k ? That's the problem with an artificial stimulus, when it's taken away things revert back to a natural market. Lot of people relying / hoping it caries past June to keep the market propped up.. may not happen.