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Hi Nemo30 After much research I agree with you. The numbers can sound nice but I agree with your summation. If people insist on investing in the area, I would encourage them to follow Natmarie73's advice and spend extra and run with Springwood/Daisy Hill/Rochedale. I think your house...

One possible way is to call up Youi Insurance and ask them how much to insure the place. Give them the address and then they go to their own online map which tells them which addresses are remotely in a flood prone area.............then they wont insure you!!!!

I too have been following Logan Central over the past couple of months. It appears you can pick up a decent 3 bedroom house for $260,000 and rent it out for about $320/week. Good cash flow but will there be any capital growth in the next 5 - 10 years??? I visited that massive shopping...