Search results

Thanks Roachy - that makes me feel a lot better! :) Have you done that with your property, out of interest was it expensive? I need to work out further down the line what will add the most value, the RE suggested removing the sunroom and turning that into a side and front wrap around balcony...

Thanks eggnog, granted I moved a bit quickly. It will be a few months now until I either have enough equity or saved up another deposit for my next ip. In that time I am planning to do a lot of self education, seminars and read as much of this forum as physically possible and be in a better...

Right, wow, where can you see that yield and still get CG, apart from mining towns that is?

Tell me about it Angel, I pay 600pw here 10ks from the city for a 2 bed unit, I could live in a mansion in Brisbane for that *contemplates moving*. Are you saying that I shouldn't expect the same yield as I do for Sydney? I'm really hoping I haven't stuffed up... I think the area shows...

Ok so it's 5.23%, whats neutral above 6? I don't know the exacts around gearing but compared to other properties and rents in the area it was pretty decent compared to some that are 450 cost and 400pw. I have a good yielding ip in West Syd so i bought this for diversity and CG.

Hi SMSF Lorde, thanks for the advice... suppose it's too late to tell you that I already secured the property at 457k... I probably could have waited to find another however the market in brissy is getting pretty hot at the moment and I am confident that the market come Jan will pick up further...

Hi Roachy, agree the property in Mitchelton seemed more like Keppera to me and it was a bit of a downer that there was literally nothing I could find to do with the place that would add value :( Great to hear you have a property in Stafford Hts, have you seen much CG since you purchased...

Hi Guys, thanks for the advice, I like Keperra, however I agree that if I can afford it growth closer to the city will happen before it hits Keperra - plus there still seems to be a hint of stigma for locals. Roachy thanks for your advise, I didn't realise that the road would put...

Hi All, quick update... it's been a hectic two days driving around brisbane. Initial thoughts are that there are quite a few comparisons geographically to Sydney, the north side leafy and green, the south more industrial, with 'beaches' (i was silly thinking there would be sand!) to the east...

I haven't received notifications of these posts over the past 48 hours for some reason so apologies for my tardiness- thank you for all the helpful advice, all of which is taken on board and greatly appreciated! Great to have some sound knowledge and guidance from those who have actually done it...

Thanks for all the guidance everyone - knew you'd help put me on the right path! :) Wynnum and Lota are slowly moving up my list, as is murarrie and everton park and stafford... 5 to choose from will certainly be easier to manage than the list of 50 I originally started with. On another...

Thanks outoftown, that's great feedback, shall be sure to check out those areas. Can I ask if there is any reason in particular you chose to study the north side, do you live around that area? Zillmere is an interesting one, there seems to be alot of interest in the area, however from my...

Thanks CharlieandKath, yes I have been following your journey too! I spent the weekend doing the forum searches actually, but not all suburbs have recent feedback and some advice contradicts others. I am going up this weekend and want to make the best use of my time by getting to know the...

Hi Guys I am a newbie investor (so please take it easy on me), just purchased my first IP in Mt Druitt, 2 bed unit CF+, and am looking to add another 1 or 2 over the next few months, preferably houses. Sydney is too hot at the moment so like many others I am changing my focus to brisbane. I...