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Brookwater you say! Do you really think it's a standout given it's location and local services? (Not calling you out, just asking from the perspective of someone who is from vic and living in WA.)

Thanks for the info so far!! I guess what I am looking for is the traditionally affluent suburbs of Brisbane. :)

Can anyone please tell me the Brighton and Toorak of Brisbane? Ta

Domain have a reasonable property search app. RealEstate.com.au have a webapp (surf to realestate.com.au in safari and gives u a light version of the site, though I prefer the app.) St George has a how much can I borrow calculator which is nice. MySalary for a tax calculator iHandy...

Looks interesting. What is Madora Bay like?

I agree on the Bunbury property, look around because you should be able to find something you can subdivide later for not a lot more cash.

I shopped and shopped. And shopped. I think it may actually depend more on the sales person you get than the builder itself, but I finally found a builder who made a deal. I ended up with about 30m2 more house and slightly more inclusions. So all in all I am pretty happy with the process...

I spent a lot of time researching NRAS properties and non-nras properties recently. I looked in depth at WA and Qld. Three points I came up with: I think one of the interesting points to consider is, if the property was not NRAS, would I buy in that estate or location? The other thing I...

Well it seems I was my own building broker... lol Viewed all offerings from about 10 builders that suited my block. Made a list of upgrades and inclusions I wanted, submitted to 4 builders. Got a range of quotes. Tried to play them off a bit between themselves.... Will let you all know...

Yes, that is the API article I read that put me onto the idea. Basically he told the broker what he wanted to build and how much he would pay, then the broker went to a bunch of builders to find one that would do it on time and to budget. I am currently about to build in Bunbury, WA. So...

Next one is in Bunbury, let me know if you have a good contact!

Link me up to your thread ;) I am super keen to hear how good my latest purchase is going to be lol!

hey all! I read in API about one investor using a building broker...... Anyone use one? What do they charge? Good or bad experience? Ta!

Just off a quick glance on realestate.com.au the other day, it seems prices up there have been smashed! Blocks seem to be going cheap in Canonvale. Might be time to take a look again.......

I just picked up a block in Bunbury. Things seem to be hotting up quite nicely, agent is getting a lot of enquiry and moving land. Talking to builders they also say they are busy! Lots of infrastructure and mining projects in pipeline or filling out over the next few years. Like: Coal...

I found it hard to sell my property on a main road, even though it was set a considerable distance from the road on an acreage block. I did not try to rent it though..... Vowed not to buy another one.

Probably not ideal, but here is an idea..... You say you have $2m.... There are 60 properties... You have $33,333 per property. You say that the properties will be 5%-10% below market. And range from 400-600k price. Sounds like > 10% on each property as equity position. You could...

I am not a krudd fan, however, I think your all a little glass if half empty. 8k tax free for a 20% rent reduction is a big incentive on lower end properties........ Looks like a lot of the managers are including damage insurance and default insurance in their fees also. IMho it's worth...

And I'm ecstatic about the gains I've made building IPs in Sandhurst. As a by the bye, no service is more than a short drive away though, from either Lyndurst or Sandhurst.

I have had varied advice about the tax deductability of the interest on the money borrowed against properties in this situation that is used to live off rather than re-invest. Can anyone shed some light?