Recent content by strongy1986

The problems with the 405 blocks is the 10 metre frontage. Long term you will find a 600 block more desirable You may not be able to subdivide it but I guarantee you will be able to develop it in the future Or someone else will On the new house old house debate , in 30 years what...

Well if the gov took away the significant investment visa I dare say it would bring glen Waverley crashing down a bit

Which happens to be well serviced by trains But people in Brisbane don't consider bayside and redlands part of Brisbane

Jerry I think your forgetting about the Cleveland line which runs through Redlands and bayside ?? Trains are pretty frequent , I know because you can watch em from the front yard of our ip in birkdale

I think with your budget you should buy blue chip house In Brisbane Forget all the suburbs you mentioned They are rubbish My mate bought a house for 650k on a 600sqm block less than 2 Ks from the Brisbane CBD a few months back Why waste your time spending 450 k on house and land...

Why house and land? It breaks all the fundamental rules of property investing Scarcity - no Land appreciates - you only hAve a small block Buildings depreciate - 2/3 of your purchase price is paying for the dwelling , it should be the opposite Location - nope

More maintenance than what? A lowest home of the same era? Don't think so At least with a highest the services are really easy to work on

That vacancy rate was probably due to zero investors in the area Vacancy rate has almost doubled in the last couple of months though Which is because investors have been buying new house and land packages in the areas south of Birkdale rd Been paying mid 5s as well which is a positive sign

True that I should of been a spruiker Some of the people on here would buy anything that you tell them

Plenty of cheap houses in melbourne DT Areas arnt desirable but neither is most of Sydney

I live in melbourne and know all the suburbs Still don't get it

What did I miss You don't like houses in 340k price bracket You prefer 1 bedders

Didn't realise 1 bedders were good value? Easily to replicate , no scarcity I prefer houses but wouldn't mind a good sized unit in a nicer area The thing about a one bedder is that it is a bit of a transit lounge. People won't spend up big on them like they would a house. Yeah I get...

Yeah it went alright took longer than expected though... Rented out privately now Did you renno yours in the end or just rent it? I don't think you will see houses that cheap in that pocket again so I reckon you did well

Where would you look in NT? Darwin would probably be the only place worth considering Only problem is that houses start at about 500k With yields around 5% High expenses Low population (125 000) Already boomed Positives are that there isn't much housing there Pretty risky I would...