came off a low base over the last 4-5 years, so gave the perception it was hot re cg, yields, and quality of tenants.
limited in public transport and local job opportunities (if we have a petrol crisis, many will be stuffed)
limited in aspirational mindset. abundant with ignorance and welfare class (though these are progressively getting squeezed up to Caboolture and beyond)
If B&H, better opporunities closer to town.
Could be ok if you get a sub div block, but then you wouldn't need to ask questions here if you knew that.
2 good opportunities:
- retirement villas. an unlimited supply of ageing frugals from Brisbane are looking for sub 200k villas with like mindeds...
- commercial real estate. the local council sucks. there is an extreme shortage of commercial and high vis retail property, present or planned.