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Have been out of the country for the past week, thought I?d share some of the numbers of the areas that have been mentioned. When looking at Median price Redcliffe, Zillmere & Caboolture fit within the budget, these aren?t the standout suburbs as compared to the Brighton?s Thornside Everton...

Cheers Jenko & Strongy!! Covers both outer north & south sides so a huge help & gives me a great base to kick off the weekends research.. vacancy rates/yields/days on market/owner to rental %/DSR etc On a side note, just seen a clip saying Brisbane will really kick up once gold coast &...

Legendary AlmostBob! Can't thank you enough for your help on this, definitely a financial relief! I'll be sure to update with how it goes!

Finally after being given the green light for a 90% loan which allows for excess funds to be parked into the offset, now the big question is where to invest with a limited budget topping out around the 360k mark. I will be looking at property that has room to add basic cosmetic upgrades to...

Cheers AlmostBob! On the work order form it says it will require new PCB, tried to source but no luck. Wonder if these things come in & out of stock around the place so if I just say i'll wait until they can source one? Few hundred dollars certainly beats almost a couple grand!

Cheers Spacebar!! Agent has obtained a few quotes & Azure looks the best priced so you were spot on! Frustratingly the unit's 2nd air-con is now leaking.. looks like xmas shopping will be tight this year!

Hey somersofters, anyone have a good recommendation for a company to go through for a replacement air-con in gladstone, it's a small inner city unit. Agent says current 8 year old one has a "faulty outdoor PCB", whatever that means? Side question, can this expense be covered under insurance...

Hey Deltaberry, agree prices won't pull back like that ever again.. if i had the funds to buy here a couple years ago i would have but didn't have the residency status or the funds back then.. 130k+ just for a deposit to get in the market here I think is crazy when i can use those funds for 2...

Hey Cliff, yeah thats the plan should nervousness hit the market & the likeliehood of AUD going lower. Potentially a window of opportunity to get into the market saving me thousands in exhange rate transfer with the bonus of increased serviceabilty to open up my buying options which is quite...

As an Aussie I'd be all over it if the market had another 61% pullback here in HK, only to have watched the prices double & triple over the past few years. Entry level market for a shoe box is definitely out of reach unless you have a spare 130+k AUD! I think the biggest reason for a market...

Not sure how the rest of the gladstone investors are going but I'm tired of losing sleep wondering if i should hang on & ride out the storm or cut my losses? The problem is I don't even see selling my 25y/o inner city 2 bed furnished apartment as an option! So interested in knowing if anyone...

Now look what you've gone & done JDP111.. Just shown my wife the photos of the house & I'm pretty sure she's now making plans to leave me for someone who can afford a property like that :eek: On the plus side I might start investing in art :D

As i keep researching for where to invest I came across this video from John Lindeman with his predictions for the Capital cities around Aus: http://www.youtube.com/watch?v=KXeDFRXnZ40 As you can hear he is not overly convinced Brisbane will be the booming market that everyone else...

This thread is helping answer a question I've been searching for.. 2 bedder close to CBD or house with land further out, unfortunately though I'm looking at the low to mid 300k which restricts me to houses much further out than Taku's 400k. I have made some calls to buyers agents & they all give...

Cheers Jaime & Aaron for the reply, that adds another option that could tick both boxes of reducing non deductible debt & still being able to invest! Had a chat to my broker after getting the replies & he said he will do the necessary inquiries but due to my work circumstances thinks likely the...

Have an interesting question along the same path reducing non-deductible debt & increasing serviceability. I?m looking to buy an IP with the 20% deposit coming from current savings which is potentially around the 80-100k, however my wife has 150k non tax deductible land loan which we plan to...

From the article: ("Avoid trying to time the market. I never consider if this is the right time to buy. I look at what I can make a profit from in the current market.") That was certainly the case using their services to buy in Gladstone, unit almost impossible to secure permanant tenancy...

Funnily enough.. I bought into St Mary's back in 2012 also.. not through birchy .. threw a dart at the map & landed on a nice corner block.. super happy with that one! Timed the market perfectly! Hopefully Brisbane is next & looks like other somersofters are already getting 2 steps ahead &...

Bought into Gladstone, I'll ride the storm & hope its a passing tsunami.. hardest part is securing a tenant longer than 3 months! Massive financial lesson learned to do more detailed due diligence! Now looking into a more stable & more promising rising market which provides CF+ such as Logan ...

Good Job Nixba!! On to a winning formula! Curious to know how you managed to pick up the property before it "hit" the market? Side note to Robbo.. I bought through as u say "Birchy".. paid mid 200k.. projected would be worth 300k.. currently worth 190-200k.. ouch!