Recent content by Investor78

Since you already have a property in Logan Central, I would probably go one of the northside locations just for diversity. Near the new train-line as you suggest is probably a good bet. But be careful of some areas around there such as streets in Deception Bay and Caboolture which were...

I have a townhouse in Underwood worth around $350k (it is about 6 years old) and rents for $410/week. It has had practically 0 vacancy in that time but it has also had 0 capital growth. Underwood is the other side of the freeway to Springwood and has a mixture of older homes and newer...

I'm more familiar with the southside, but if your areas are near good train/bus and possibly not too far from Chermside and vacancy rates are low, then you should be right. I assume the demographics in those areas favour working families and therefore a 4/2/2 house should have good demand.

Congrats, I'm a few kms down the road in Mansfield. This whole south/south-eastern area has being growing solidly in the last 2 years. Carina/Mansfield both up around 10-12% last year, not sure about Carindale's growth but I think a purchase near the westfield and you can't go wrong (it's a...

I have lived there before and would consider moving there again (if property remained well priced). It'a decent suburb and should see increased demand when the rochedale south busway station opens (part of the southeast busway extension). I have a townhouse across the freeway in Underwood...

I think buying closer to a train station rather than water will be better for rentability. I'm not convinced being closer to the water (unless you can actually get water views) has much advantage. The fact you are already living in a seaside suburb, does getting to the beach a couple of...

Yeah I think mount gravatt is the better choice out of those options, I would be careful about coopers plains as it is very industrial. It borders rocklea (possibly the cheapest suburb in Brisbane due to being very flood prone). CP does have a train line and employment opportunities but if I...

If I had money for a house and unit I would probably buy a house around springfield lakes (fastest growing region in australia, new hospital, new train station, yield 5%). For a unit, maybe upper mount gravatt (southside hub with busway, freeway and universities) or chermside region on the...

If you are going for the first home owners grant, I assume you are buying to live in the place. If you work in logan, why not buy in logan to be near work? There are plenty of safer areas in logan, it would be a much shorter list to describe the areas that may be less safe. Rochedale...

Sydney has gone up around 20% in it's current upswing (will probably keep going for a little while) and Brisbane prices have been flat to negative for 5 years. I don't think 10% pa for 3 years is such a bold prediction. Looking over an 8 year period Brisbane would only have increased ~30%...

Hi Zach, I agree it was not good timing when I bought in 2009. The capital gain is not there yet but my cashflow is fine, only slightly negatively geared. I have faith that their might be some increasing demand over the next 12 months, I think Underwood just has not had it's run yet. The...

Oh and Garden City is very close by and currently undergoing a large extension which will bring some more jobs to the area, although I'm unsure how that might affect property values in nearby areas (can only be a positive though).

The townhouses that I've seen in Eight Mile Plains that are comparable to my one in Underwood (eg. 5 years old, 3 bed, 2.5 bath, 1 garage) are at least $30-$50k more expensive than what mine is worth (assuming I have estimated correct value of mine). They are neighbouring suburbs but EMP is...

Hey Jen, thanks for the advice, glad to hear you think Underwood is ok. I didn't think this was a large complex, at the time I was considering a different townhouse in Loganlea (which had it at least 80 to 100 units) and I'm glad I steered away from that as last time I checked they were selling...

Hey all, I have a 5 year old townhouse in Underwood, Logan (southern border of Brisbane) which has not grown in value since I purchased it for $364k in 2009. It rents for $410 a week (5.8% yield) which has increased from $375/week when I bought it. It has had virtually no vacancy in that...