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Yes I agree with you because the surroundings hardly have any activities, the activities are so low that about 1 house sold every 2-3 years lol, good thing is only two streets out of so many street were gov housing and I believe the area is about to set off very soon!!

Hi, haha the tool I'm using is PriceFinder

Thanks for the feedback guys, you guys have reassured my decision, now lets hope the gov are not pain in bum to deal with, I've been told by the agent the gov usually very slow in responding...

I did a search with the property analysis tools and it will tell you who's the current owner of the property, it also allows you to search just the street name, that's how I found out.

It is in QLD near brisbane

So what happen if the surrounding streets were showing a decent capital gain? Would I get the benefit if I buy the gov housing? Say to increase the loan in a year to realize roughly 60k equity gain?

Hi guys, I came across this property that I thought was relatively cheap compare to other houses and did a quick search and found out that the whole street is own by the government. The seller is also the government housing department as well. What are you guys thought on this...