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I don't know having never owned a house. If old and new is same amount of maintenance, I would probably go Kwinana (or surrounds)

Oh yes, I forgot to add that. Preferable budget about $320k. Want to keep loan to $100k tops (I have additional cash for fees etc)

Hi, I am considering buying a property - either build in Wellard or buy in Kwinana (or surrounds) This will be my first property Goal: 1) to buy a property and live overseas on the rent for a few years (while earning minimal). 2) To move into the house on return to Oz Deposit: $220k...

Thanks for the comment, LeoT. So many investment opportunities is exactly the problem - can't research them all and can't choose. Former income 150k. Current income 60k. Projected income is much less. Long term goal - live overseas in a much cheaper country. Was hoping a cheap one bedroom...

Ultimo Units Response Hi all, Thanks for the extremely insightful comments. Really fantastic info. Will consider other options to achieve financial goal. Regards, Sureline

Yearly costs (as per advert): $5500 Typical rent: $350 per week = $17,500 Net rent: $12,000 Bank Interest: Approx $9,000

A typical example: http://www.realestate.com.au/property-unit-nsw-ultimo-117526431 Strata: $994.15pq Water: $173.40pq Council: $195.90pq Potential return 7% -8%

Hi, I would like someone to talk me out of this, please.... I am considering purchasing a studio apartment in Ultimo. I can purchase one outright with cash - I have about $220,000. The returns are so much higher than leaving money in the bank. My goal is to live overseas long term from...

That is what is supposed to happen. However many foreign buyers ignore this rule and buy existing. Should they happen to be caught, they pay a fine. They consider this fine a "business expense" so it has little impact on their new/existing purchasing decisions.

There is potentially a huge amount of land available in Beaudesert with little or no pressure on land supply. It concerns me a little that if you build a new house, it cannot be sold for more than its build price. It makes me wonder if there will be much capital growth prospects even if the...

I also had concerns that the growth would not be that great. But even without any industry, the rental yields are quite good. With a boom in population to take place, it would only put pressure on rental yields. The works on the transport hub are beginning early this year. beaudesert will be...

Hi strongy, Investors are actually starting to take interest in Beaudesert. http://www.dailyexaminer.com.au/news/transport-network-plan-road-casino-lindsay-fox/691167/ a quote: "The developing South East Queensland transport hub of Bromelton, west of Beaudesert, would be one of the major...

Redcliffe is so close to the ocean! Where is better in Brisbane? Beaudesert as it will soon be at the centre of a new transport hub. Population set to go from 15,000 to 100,000+

Hi, I worked in the mining industry in Perth for 5 years and saved my derriere off. Now I am in Sydney doing similar work at less than half the income. I expect my work to reduce as the industry I am in is becoming increasingly quiet. Thx for posting...

The entire Kwinana region has predominantly been a lower socio-economic area. There has been some gentrification but there is a long way to go. Despite that, I find it reasonably pleasant with wide roads and lots of leafy trees. The public schools in this area have a bad name. There has been...

Good suggestion - thank you.

Agreed! These areas are mostly < 400k I am from Perth but now in Sydney so I sort of know these areas. I think there is good potential capital growth in these areas. I prefer Perth or Sydney but both have skyrocketed so much that one has to wonder how much steam is left and hence the...

Hi All, I would love some experienced input on where best to purchase an investment property. There are so many options!!! But only one bad investment and you're history. Or one less than good investment and you potentially lose tens if not hundreds of thousands of dollars. I have...