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Thanks for the tips everyone. Much appreciated. I am feeling good about Chermside and Kawana Waters but I will get speaking to a buyers agent as well.

Very true, i am reading sales brochures and tempted by the easier options. Finding time to do the hard work and find properties as suggested is challenging and I just don't have the time. As a mid -income earner, depreciation benefit is limited to an extent and cash flow is the most important.

It's the depreciation of a new block and cash flow form NRAS that we want. I know that you pay a premium but surely Land and house packages make sense in some areas.

Well, i guess i can knock that one off the list. What do you think about $400K at Yamanto?

Hello, I am a Sydney resident still searching for my first NRAS investment property. I have been focusing on QLD and ideally would like a Land and House package under 400K but I do like the idea of a unit in Brisbane. After recently giving up on Gladstone I have narrowed down my options to...