Search results

  1. I

    Which one? Redcliffe, Brighton or Slacks Creek

    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...
  2. I

    Whether to invest in Springwood QLD??

    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...
  3. I

    First Investment Property Brisbane - Am I on the ball?

    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.
  4. I

    Carina, Carindale, Carina Heights as PPOR

    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...
  5. I

    Rochedale South

    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...
  6. I

    Redcliffe Peninsula

    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...
  7. I

    First time poster.

    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...
  8. I

    Which Brisbane Suburbs?

    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...
  9. I

    First Home Buyer - Where to buy in South, SouthWest of Brisbane

    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...
  10. I

    Sam Saggers Brisbane 10% pa growth.

    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%...
  11. I

    Capital Growth for Underwood, Logan, QLD?

    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...
  12. I

    Capital Growth for Underwood, Logan, QLD?

    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).
  13. I

    Capital Growth for Underwood, Logan, QLD?

    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...
  14. I

    Capital Growth for Underwood, Logan, QLD?

    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...
  15. I

    Capital Growth for Underwood, Logan, QLD?

    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...
  16. I

    Where to buy PPOR in Brisbane up to $450k

    If he wants to stick to that south east area, then suburbs like carina heights, mansfield, tingalpa, mount gravatt, mount gravatt east, upper mount gravatt, wishart, salisbury, nathan, moorooka all have properties for around that price. I bought my ppor in mansfield last december for $440k. 3...
  17. I

    Brisbane suburbs - 400-500k

    You can get 6-7% yield in parts of Logan if you are looking for some good cashflow. Logan also has a good population growth and a fair bit of investment going on. I think it has the potential to have higher growth than Brisbane due to it's lower cost base, of course that alone is not a reason...
  18. I

    Moving to gold coast from adelaide

    You can get houses in southport (near GC hospital) in the $400-$500k region that have water views. Apartments in surfers/broadbeach are a bargain at the moment.
  19. I

    Moving To Brisbane from Sydeny/ where to buy?

    I am looking in Mansfield and you would get a renovated, two storey brick/rendered house on 550-650m2, possibly with pool for the price range you have mentioned. Not a lot of stock on the market right now though. Hopefully it picks up during spring. It would be about 20mins drive up the...
  20. I

    Insurance for Brisbane house

    Well done, it never hurts to query a quote and get a better offer!
Back
Top