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    Looking at buying an invesment property in Townsville

    Hi Sunfish, Wulguru has some very nice homes and is well located for easy access to the CBD and with the new woolworths/bunnings etc at fairfield you cant go wrong really. Up until last December we lived in Fairfield and loved it. Had everything we needed within a 5-10minute walk or a 1...
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    Looking at buying an invesment property in Townsville

    Hi Cody, Kelso......Kelso has alot of new home developments going on. The standard 3 and 4x2 on 500-600m2 blocks. Some parts are still classed as semi-rural/hobbie farm acerage. Older parts of the suburb tend to house the very low socio-economic demographics of our community (if you catch...
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    Why Do Most Investors Stop Purchasing After Two Properties??

    We have stopped at 3 for the time being. Wont be looking for number 4 for a couple of years. Few reasons... -Dont want a large amount of debt to stress over. -Dont want to "give up" current lifestyle (borrowing another 350k-450k would limit our ability to enjoy holidays,kids,entertainment...
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    Bushland Beach, Townsville

    I think your referring the "other" developement across the railway tracks in Oonoonba flood plains for the lower socio economic demographic. Its about 2km from the old chimney.
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    Now is a great time to buy

    Hi Kaos, Glad to hear your units are tennanted and going well, I wouldn't call Townsville a city though lol. These "urban quater" and "bali resort" type of unit developments going up everywhere look shocking and will be an eyesore in 10 years time. If you could pick one up for around 250k...
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    Now is a great time to buy

    Not sure of much growth in units in Townsville over the next few years. Seems to be an oversupply. Prices were expensive IMO in 2007 for a regional town. I know of many 2 bed 2 bath units bought off the plan in 2007/2008 for 285k and are now selling for 300k. Rent in that time averaged 300-330...
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    townsville QLD

    No, Bohle was fine, even with the king tides
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    Tenants mates moved in without approval.

    Sorry Monty but your completely wrong. Rental assistance is paid by DHA to the defence member and pending on property availability, recognised dependants, their period of service and actual location, gives defence members a ceiling as to how much RA they recieve. (usually full RA would equate to...
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    How much did you pay for your last investment property from Oct 09 - Present?

    312K for a standard 3 bedroom brick home on a 600m block within 17km of Adelaide.
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    Townsville - what's happening?

    Just heard from a source this weekend that the move for 3RAR isn't until 2012 and that is only if building is on schedual (which has been stated this weekend in a north qld paper that it will be delayed until 2013)
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    Townsville - what's happening?

    Townsvilles been pretty stale since late 2007. Cant rely on defence moving up here too soon as I heard its been delayed until 2012. Even so they wont move everyone at once they will slowly move them is small packets (as most would be fighting to stay in Sydney). Also there is a massive...
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    Anyone else looking in Perth at the moment?

    Thanks for that. The 45 min in non peak sounds horrible , Worse than Sydney. Crime and welfare is another worry. Might look a bit closer to the city then, Cheers guys.
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    Anyone else looking in Perth at the moment?

    Im not too familiar with Perth suburbs being in the eastern states. Does anyone know anything about Armadale area? I just been having a very quick look and note plenty of property on the market but also plenty of rentals in the area... How long to commute to the city and what are the local...
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    My tenants hate their neighbours!

    Make sure you keep us posted. As long as your not losing any rent this story is quite amusing and also educational for other investors. These tennants sound like a pair straight from jerry springer show. It disgusts me however that they are even thinking of not paying rent until further action...
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