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  1. W

    Yeronga Townhouse - On flood map! What to do?

    Let me know if you want a RPData CMA.
  2. W

    Yeronga Townhouse - On flood map! What to do?

    Do you mind me asking what the vendor accepted and if you know why they are selling?.... rpdata says they had it on the market 20/11/09-16/1/10 and recently since 12/6/10. UCV is nice. :) You wouldn't believe some of the dodgey areas that are asking 10% less and getting it. This is where I...
  3. W

    Yeronga Townhouse - On flood map! What to do?

    Great location. In my books, adjoining Feez St is the best southside river street after Sutton St, Chelmer.
  4. W

    Yeronga Townhouse - On flood map! What to do?

    If it is unconditional Semi, do you mind revealing the street? I have no doubts you'll enjoy living in Yeronga. it is certainly one of my favorite south side suburbs. The demographic is very good and to have a unit surrounded by large LR sites with restored qld'ers and contemporary homes is...
  5. W

    Yeronga Townhouse - On flood map! What to do?

    You might remember I was set back in 2003-4 by my involvement with a company based out of West End. The only site they could have done better on was the old G James glass works site in South Brisbane, which the BCC decided they needed to build a bridge through, 3/4 of the way through a DA. And...
  6. W

    Yeronga Townhouse - On flood map! What to do?

    I personally think there will not be another '74 flood in the next 50 years, (and possibly the next 100 years). I'd bet $10 million bucks on it, which means I'd be happy to own that much property below those flood levels. The Wivenhoe dam makes it virtually impossible, especially when you...
  7. W

    Yeronga Townhouse - On flood map! What to do?

    Will, I doubt seriously you would pay me the same for a house a month after a flood as a month before, with $2000 discount for clean up. Homes can be moved off stumps, walls warped and pushed out of plumb, gyprock destroyed, mud left in walls, sewerage backs up and flows into house, the...
  8. W

    Yeronga Townhouse - On flood map! What to do?

    Anywhere near the river in Yeronga would be a better than average growth investment, as long as you discount the risks discussed in your purchase price.
  9. W

    Yeronga Townhouse - On flood map! What to do?

    Check the other apartments/townhouses and common areas. If common property goes underwater, you'll pay via the body corp for clean ups and repairs. And keep in mind if a building goes underwater, it compromises it in many ways. Electrical, plumbing, sewers, telecommunications, gyp rock walls...
  10. W

    Yeronga Townhouse - On flood map! What to do?

    Semi, if your offer is not accepted yet, revise it if they knock it back to include a due diligence clause that allows a week to do searches and get results to your satisfaction. Don't rely on your solicitor to uncover all the issues searches should find. You should phone the brisbane city...
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