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yeh brick GR. Land around $245, balance house. Inc GST. No interest other than I know the guy and he does some work for us.

do you think this is sustainable or is it just a short term thing whilst the newcomers arrive? It's a pretty quick payback on the furniture

for now its just a token EOI ($1000) with titles November. build is scheduled for 16 weeks, but this will go over Christmas!

Hi Matt and Sanj - have replied to you both. Hobo the yield (and some Gladdy experts could confirm or deny this) is circa $600pw. The packages are $489k less $10k rebate, so 6.5%. It doesn't set the world on fire but you pick up $30-50k equity on completion I should think and the rent should...

i have been offered some House and land deals in gladstone at a substantial discount to market. I can't take them all up so if anyone is interested please send me a PM. They will be eligibile for the $10k government incentive as well. IMO these resource areas kill traditional resi real estate...