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  1. C

    Gladstone QLD - How is it Going????

    Hi mattnz, Actually around the Clinton area.
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    Gladstone QLD - How is it Going????

    I also had another call from an agent I was talking to a couple of months ago yesterday - they have dropped about $35k (or 8%) off the price of two OTP 3 bedroom townhouses in Gladstone. I am not in a position to do anything for a few months however what appears to be a sharp downturn now...
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    Gladstone QLD - How is it Going????

    To me it feels like the market must be slowing. I made some enquiries about a couple of properties a few months back, and this morning for the the first time received 2 emails with multiple discounts and extras on new properties...seems like the end of the $10k grant may have also slowed...
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    Gladstone QLD - How is it Going????

    Thanks powderfingers, They only offered me a choice of 6 lots - which were all the same floorplan, being 3 bedroom townhouses. All of the other lots, whether they were 3 or 4 bedroom townhouses or homes, were apparently reserved for owner occupiers. I didn't see any deadlines on this (other...
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    Gladstone QLD - How is it Going????

    Hi Powderfingers, Hillclose are only selling specific lots to investors. Apparently they are obliged (not sure if legally so or not) to only sell the better properties to owner occupiers. Do you know anything more about this and if it is actually enforceable? Cheers,
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    Gladstone QLD - How is it Going????

    Fair points Rooster. I have only just come across this so don't know all of the details yet, however I believe it is a one off in central Gladstone, so not in one of the new estates. Hence my thinking is that position wise it will be a better option than the new houses which are all the...
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    Gladstone QLD - How is it Going????

    Sorry should have been clearer. The lease is actually directly with a company for one of their employees (not a guarantee), and is transferred to the purchaser for the term. At this point I don't know who the company is but would be one of the companies operating out of Gladstone.
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    Gladstone QLD - How is it Going????

    I have just come across a new smallish 3 bed/1 bath/1 garage house/unit on about 450m2 in central Gladstone for $499k off plan with a $675/week rental agreement with a company for 2 years. I am seeing positive cashflow plus good depreciation plus possible CG! Interested to hear fellow...
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