360k Where to Invest South East QLD

Hello

I am in a similar situation with the higher budget and question.

I personally have never bought property before.

From Sydney.

Gold Coast or Brisbane?

CBD or waterfront?

No clue about suburbs.
 
There is new NRAS coming out in SEQ if are you familiar with that program from the Government.

Its great if you like tax free income.

You will be looking at Townhouses and apartments at the $360 price range.

There are great waterfront buys on the Gold Coast at that price as well.


Jerry Parker
 
Hello

I am in a similar situation with the higher budget and question.

I personally have never bought property before.

From Sydney.

Gold Coast or Brisbane?

CBD or waterfront?

No clue about suburbs.

Welcome!

I have a friend who is really happy with inner northern suburbs right now in Bris but not cheap.

For lower entry point Southport is my pick of GC market. Google the light rail, commonwealth games, cbd plans for Gold Coast, and chinatown development. Hospital and uni are stable employment nodes that run independent of tourism. Lower aussie dollar means tourism should be improving too.
 
There is new NRAS coming out in SEQ if are you familiar with that program from the Government.

Its great if you like tax free income.

You will be looking at Townhouses and apartments at the $360 price range.

Hi Jerry
Could you provide any further info on this? Is the QLd govt doing something in that space?
Thanks
 
There is new NRAS coming out in SEQ if are you familiar with that program from the Government.

Its great if you like tax free income.

You will be looking at Townhouses and apartments at the $360 price range.

There are great waterfront buys on the Gold Coast at that price as well.


Jerry Parker

I'd like some more details regarding this too if that's ok
 
NRAS Property

NRAS is a government Scheme started by K Rudd during the GFC. You get $10,500 tax free income as a rental subsidy from the Gov. It really boosts the after tax return.

The 5th round was cancelled by the Liberal Government. But some developers have allocations that expire in June.

There is a project in Norther NSW on the waterfront with allocations.

You can PM me for more info.

Cheers,

Jerry Parker
 
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