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Yeah, I've seen that article before and quickly dismissed it. Even someone fresh to the game like me could see how rubbish it was.

Beat me to it. I'd observed that the rental prices were quite low anyway. I always use the test of, "is there a need for NRAS in this suburb?" If not, then you can bet the developer isn't selling as fast as he would like, so he's had some properties NRAS rated to flog of to 'investors'...

This was my exact thought too. I'm not familiar with the area, but thanks to the goodness of Google Satellite, I could see plenty of land for future development.

I thought they had finally applied for a permit with the local council? At least that's what I thought I saw in the newspaper. I also had the same thoughts too. Just looking at some real-estate sites seemed to indicate that anything with NRAS attached to it was overpriced. Looking at Google...

Hi guys, I'm new to the forum :) Just wanting to get some opinions on Coomera, QLD as a location for an IP? I've been talking with a property group about an NRAS development in that location. The numbers seem to stack up, but I'm really unsure on the area as I'm in Melb. I'm nervous...