Hi guys,
Over two years ago I naively signed a contract as an over-excited 21 year old for an off the plan property purchase of 1 of 44 townhouses in Emerald Qld. With zero vacancy rates and a rental appraisal of $750 a week it was the perfect investment. Until I learned about developers...
There was a time where Emerald was one of the fastest growing areas in Queensland. With demand completely outweighing supply of housing we saw rents in excess of $700 and zero vacancy rates. It was an investors dream that offered positive cash flow and strong capital growth with a diverse...