Hello, we are looking at going ahead and making the trip up to see a number of properties to buy one as an investment, this will be our first one. Pls can you advise me what you would do. Buy a townhouse nearer to the city at approx 360,000, or would you go out a bit and buy a four bedroom home for around 425,000. We have been speaking to a number of people who seem to have purchased a brand new townhouse approx 20 mins drive to the city which is managed on site. Is this a good idea or not. Really appreciate your help on this one.
Brisbane Where to Buy What to Buy Help!!!
- Thread starter Carolynn Trimme
- Start date
Hi Carolynn
What research/due diligence have you done on the area/s you are going to look at? What steered you to those areas?
A townhouse close to the city or the house out a bit further could both be good buys depending on figures, growth (past and predicted future), infrastructure, vacancy rates etc etc etc.
I think you'll get a wide variety of opinions which may confuse you, that's why I asked about the research you have (hopefully) done.
Regards
Marty
What research/due diligence have you done on the area/s you are going to look at? What steered you to those areas?
A townhouse close to the city or the house out a bit further could both be good buys depending on figures, growth (past and predicted future), infrastructure, vacancy rates etc etc etc.
I think you'll get a wide variety of opinions which may confuse you, that's why I asked about the research you have (hopefully) done.
Regards
Marty
hi Carolynn
just a thought - maybe a mod can move this thread into another spot on the forum where it'll get more hits. I think this is for help with the website.
As to your question - I'd take the house option as long as I was building it, not buying established.
Will wait to hear back to your responses from Marty - Brisbane's just so spread out its hard to say whats good or bad or whatever.
Generally everywhere in Brisbane is good though!
just a thought - maybe a mod can move this thread into another spot on the forum where it'll get more hits. I think this is for help with the website.
As to your question - I'd take the house option as long as I was building it, not buying established.
Will wait to hear back to your responses from Marty - Brisbane's just so spread out its hard to say whats good or bad or whatever.
Generally everywhere in Brisbane is good though!
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Why Brisbane? Plenty of places in your own city that rank equal in my opinion, though perhaps not as affordable in your immediate area
Go a little further west, stick to the train lines and you might be pleasantly surprised at what you'll find virtually in your own backyard.
