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Haha so my parents just got back from an overseas holiday on Friday and I showed them the property and wrote a few pros/cons and showed them your residex valuation rolf - anyways to my surprise they really liked it, and wanted to buy it. So they were going to ring the agent to inspect and...

Another thought about nurses as tenants: I have a friend who is a nurse and she is on call all the time at late hours/early morning on the weekends. (She obviously gets paid well for this) So every 2nd weekend or so she has to stay home, be ready at any minute to leave, be within 20 minutes...

Hey JWR, Thanks for your reply. Hmmm I don't think there would be a problem with tenants leaving as they would sign a 6/12 month lease - I was a student renting near UQ and the majority of st lucia is renting on 12 month leases (was hard to find a 6 month). It is just a known fact for myself...

Thanks for the reply rolf and didn't mean to come across as a snob haha. Just not somewhere I would personally want to live. The attached PDF is awesome! So much information - You starting to convince me that a buyers agent is the way to go in the future for me. Edit: my mistake I thought you...

Thanks James - interesting piece of information I didn't know.

Ps. Your Investment Property Mag November 2011 Issue states (Parkwood - Houses): Vacancy rate of 2.2% Average House Price: 475k Average Rent: 450$ (I must have over estimated this) Gross Rental Yield: 5% (I must have over estimated this) 5 year growth: 21.79% Days on market: 98 So...

Just thought I'd see if anyone had any comments on this property. http://www.realestate.com.au/property-house-qld-parkwood-107892026 I know the GC is absolutely cold at the moment with poor capital growth and some people struggling to find tenants but this house is listed at 409,000 on a 618...