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Hi Zach, I agree it was not good timing when I bought in 2009. The capital gain is not there yet but my cashflow is fine, only slightly negatively geared. I have faith that their might be some increasing demand over the next 12 months, I think Underwood just has not had it's run yet. The...

Oh and Garden City is very close by and currently undergoing a large extension which will bring some more jobs to the area, although I'm unsure how that might affect property values in nearby areas (can only be a positive though).

The townhouses that I've seen in Eight Mile Plains that are comparable to my one in Underwood (eg. 5 years old, 3 bed, 2.5 bath, 1 garage) are at least $30-$50k more expensive than what mine is worth (assuming I have estimated correct value of mine). They are neighbouring suburbs but EMP is...

Hey Jen, thanks for the advice, glad to hear you think Underwood is ok. I didn't think this was a large complex, at the time I was considering a different townhouse in Loganlea (which had it at least 80 to 100 units) and I'm glad I steered away from that as last time I checked they were selling...

Hey all, I have a 5 year old townhouse in Underwood, Logan (southern border of Brisbane) which has not grown in value since I purchased it for $364k in 2009. It rents for $410 a week (5.8% yield) which has increased from $375/week when I bought it. It has had virtually no vacancy in that...