C'est nest possible pas?
A 1000pq.....even Canberra gets more.
We get 300,000 immmigrants...if only 4000 pa went into Sydney, Brisbane, and Melbourne...where would the other 288,000 go? :D
Something does not make sense....did you mean per week instead of per qtr?
I believe NSW is growing 1000 per week...Vic by 1500 per week..not sure abour Qld...
Ta...how many have you got in Brissie now and where? You seem to have locked in early....
I still have my Deception Bay and Margate purchases..hope that train line makes a difference?
Yes the properties in Brissie are 18-23 klms out and sit on 600-780 sqm blocks. The prices have not risen a lot maybe 3% in the last 12 months.
The Sydney ones are about 37-42 klms out and have already experience significant gains (about 100k). The block sizes are 400-500 sqm so smaller...
OK...yes the rates are a bit higher in Brissie. About $500-600 when water suplpy and council rates are added. But real the elephant in the room is that on a $650k house in Sydney the land content is about $450k if you already have a few investment properties and already have breached the land...
I beg to differ on the yield on houses are 6% plus at the moment. I think you are only getting 4.5% in Sydney due to price increases.
I feel that existing house will offer the better return as I am looking in built areas 20-25 klms.
Will be in Brissie on Fri/Sat.... there is also some fantastic buying 20 klms North of Brisbane CBD! Hoping to bag 2 there.
If this stuff in Sydney they would command 650k minimum. I expect to pay 300-350k.