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Hi Snowwhite What makes you think your house will increase by 40% in three years? I kinda agree with you but have no particular reason other than a gut feeling.

Will you please get this small fact: Booval, Redbank, Goodna etc are in Ipswich, not Brisbane. Their values will not show up in the Brisbane figures.

Alright then, Matt, that makes sense. Our babies are way out in the boonies so a different demographic from inner-city Trendies.

HI Mattnz May I please ask: What are you doing investing in property if you beleive it will have as low returns as you suggest? Are you only reading Somersoft Forum because you inherited an IP and you need to know how to manage it.

According to Mattnz my entire investing career is stuffed. I like Bargain Hunter's theory instead. Think I will mortgage my dogs and two kids to get some undervalued inner city townhouses to profit from in a couple of years when the next bunch of Southerners decide our realestate is so cheap...

Wouldn't all the unaffected homes increase in value? I must admit that back in 1974 I was studying History and Geography, not realestate - we had a boat yes, and I learned all about disaster preparedness. Why did you think i had a low opinion of purchasing IPs in Redbank Plains? Unfortunately...