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 have done alot of research on areas on the north and south side, including further out such as Logan, Beenleigh, however my research has led me to believe that the quick capital growth is probably to be had closer to the city - and cash flow isn't an issue just yet.
I narrowed down my list to the following and could really use some guidance, I have spreadsheets with matrix's comparing suburbs but the more I research the more confusing it becomes and I don't know the area...
List so far is...
North: Stafford, Everton Park, Stafford Heights, Keperra, Zillmere
South: Murarrie, Archerfield, Salisbury, Coopers Plains, Acacia Ridge, Wynnum, Lota & Manly.
Budget is flexible, 300 - 500k, ideally somewhere in between so I can get my 3rd IP relativley quickly. 3+ bedroom house on 600SQM
I have learnt so much from this forum and hope that you guys can provide some guidance, so one day I may just be in your league.
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 have done alot of research on areas on the north and south side, including further out such as Logan, Beenleigh, however my research has led me to believe that the quick capital growth is probably to be had closer to the city - and cash flow isn't an issue just yet.
I narrowed down my list to the following and could really use some guidance, I have spreadsheets with matrix's comparing suburbs but the more I research the more confusing it becomes and I don't know the area...
List so far is...
North: Stafford, Everton Park, Stafford Heights, Keperra, Zillmere
South: Murarrie, Archerfield, Salisbury, Coopers Plains, Acacia Ridge, Wynnum, Lota & Manly.
Budget is flexible, 300 - 500k, ideally somewhere in between so I can get my 3rd IP relativley quickly. 3+ bedroom house on 600SQM
I have learnt so much from this forum and hope that you guys can provide some guidance, so one day I may just be in your league.