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DDI I have bought similar properties elsewhere with the same figures you quote in Ipswich, in fact it is similar all over the place before the boom, which is the very reason I would not buy there, why would someone buy in an area they see as less in many respects that other more desirable...

I know of places you CAN buy 3 bed house and land all between 1-15 mins from the ocean for this price, heaps of `em. Yet another area is Bundy, in roughly three weeks I am selling a fully renovated workers cottage in Bundy Central for around $140-$150,000, will rent for $185-$200 a week...

Trihard I am in agreement with your veiws, and see that you are one of the few who actually try and help others (newbies). Only investors who don`t hold this view are those that hold property there. I also warn anyone away from Ipswich investing for the simple reason that I agree with the...

The whole point was I paid $65,000 and $75,000 respectively for my houses it was LATE last year, I paid the asking prices as they were fair market value at the time but yes that is cheaper than I would have thought in Ipswich but not cheap enough for my purposes at the time. You did very well...

It`s all debatable but I think it`s fair to say rents will increase in many areas over the next few years maybe more than they have the last few, although in an area where there is oversupply as you said it may not, it could in fact go down. My house in Bundy Central which I paid $75,000 I...

You misunderstood my post, I agree they have done well, simply Ipswich has become overpriced imo, like many areas, and it could take some time for prices to move again, but should there still be cash flow positive deals there I would not rule it out, just be careful, think very long term is all...

I wonder Sunstone whether he still buys there or whether he bought there when it was cheap as chips?. Maybe he still does but I`ll wager he owns much more in Brisbane???. Like I said I`m not saying don`t buy there cause I was wrong before about Ipswich, but in saying that I was right on the...

Very true Willair, if only I was in a position to buy right now, some good buys around Brissie!.

Be careful before you spend this type of money so far from Brisbane, consider you can get a house in Brisbane for much less only 15 k from CBD. Sounds exciting all right I am not saying don`t invest there but stay there for while and check the place out before you spend big money and check out...