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Why units? Why would you be looking at buying units in an area where the demographic is 75% houses and semi-detached? Doesn't make much sense to me. http://www.realestateview.com.au/propertydata/suburb-profile/queensland/harristown/

wrapped with this bargin! Some of you might remember I purchased this few months ago in Holland Park West. Amazing deal at 640 when land value is 630 on a massive block 943 sqm., And it can be subdivided into two lots. (plan is to develop it soon) Its in a prestigious area of HPW. Even if I...

ideal strategy We built a asset base then just used the equity to develop. We now hold some and sell some. If you think about it you need a massive net asset base minus costs to yield 5k a week cash flow. When you sell some developments as you go AS WELL AS HOLD SOME to continue your base...

Hey mate, Ill let you know how it ends up, we actually bought it. Were not looking to sell so no selling fee. We have 4 month delayed settlement. Also I think your resale value is quite low for freehold townhouses. We are in discussion with architects to decide to build 3 freehold townhouses...

HI D one, Nice coincidence. Have you come to any opinion/conclusion yet? cheers Sam

Hi guys, Just curious if anyone has any opinion on this site. Cheers sasjes http://www.realestate.com.au/property-house-qld-moorooka-116170695

Thanks for your reply sash. Yes i am thinking more and more it has great potential as its so close to the CBD and is still cheaper than holland park, mount gravatt etc. The area seems to be gentryfying. Cheers sasjes

Any one have ideas on Moorooka? As far as i know its an area that is gentrifying slowly, some good development opportunities. less than 10km from CBD. Any input from the investors/developers? cheers sasjes

Hi Guys, What do you thin of this property: http://www.realestate.com.au/property-house-qld-mount+gravatt+east-116107039 zoned LMR, what price do you think is good to secure this for? I figure under 550k would be reasonable. Feedback? Thanks sasjes

Hey Beanie, Thanks for your feedback and research!! Much appreciated. Im in the process of some other transactions and once they all settled and the dust hits the ground, i will be reviewing exactly what development opportunites exist in each of them. I will keep you updated with regards to...

Hi Jeremy, Ok i understand what your asking now. I am not necessarily against developing it and if i can i most likely will at some point. No wont sell. I never sell. When theres more equity just redraw together with other properties and use equity for development projects. cheers...

Jeremy not sure what you mean by when do i benefit from CG but the sooner the better in my books :D CG does not offset NG, cashflow from rental yeild does. Loan is 95%. Thanks mate. Ill probably get my handman up there to do that and a small cosmetic reno in the bathroom. I wanna...

"What is your strategy for using this property as an investment? You mentioned that you expect to see capital gains but specifically how will this property increase your financial standing" Yes, its for investment. The suburb is a well lestablished and affluent one close to the Brisbane...

"Normally it would be the best idea to ask for an opinion on a property before you bought it. Unless you thought someone on the forum was going to snap it up of course." Haha..you never know mate :P :D

Hi Beanie, Thank you for your reply. "What I observe about this property is that it's built on a pretty steep slope towards the back part of the land. There are a lot of retaining walls. Building insurance mostly do not cover repairs to retaining walls that are not part of the structure...

"So you're insecure about it and just seeking justifications from others?" Jesus christ.. all im asking is opinions on the place.. I dont understand where all this hostility is coming from. Never mind.

what does, "most researched" suburb mean>? Have a look mate:http://www.propertyobserver.com.au/finding/residential-investment/29737-most-viewed-suburbs-realestate-com-au.html

"sasjes, interested to know what motivated you to purchase this one? What's the rent return like? What's the lot size? frontage? High side/low side? Why this property and not a unit/townhouse/villa? Why this suburb and not another suburb? Seems to me you want validation that you have done...

Hi TRAG, Yes of course I did my research, just interested to know what fellow investors think. Im not from QLD so I didnt get the chance to do as much DD as i would like but the market is getting extremely hot and fast, so I had to make a decision based on the DD i did. Cheers sasjes

Hi Guys, Just interested in any beedback about this property/area/street I just purchased. Paid 640K. Thanks guys http://www.domain.com.au/property/for-sale/house/qld/holland-park-west/?adid=2011087088