Hello all
Just looking for people's thoughts about buying in the Gold coast. There's an opportunity to buy a new 4 Bedroom house and land package in Coomera.
With a lot of new development, a westfield shopping center being opened and high demand for rental it seems like a good place to invest. Being 40 mins drive to Brisbane is also I suppose a positive thing.
With a rental appraisal for $450-460/ week, it seems I will be just slightly negatively geared.
Being my first investment, I am a bit apprehensive. I live interstate and have never been to the gold coast.
Just wondering if anyone thinks this is a bad idea !! Thanks
Just looking for people's thoughts about buying in the Gold coast. There's an opportunity to buy a new 4 Bedroom house and land package in Coomera.
With a lot of new development, a westfield shopping center being opened and high demand for rental it seems like a good place to invest. Being 40 mins drive to Brisbane is also I suppose a positive thing.
With a rental appraisal for $450-460/ week, it seems I will be just slightly negatively geared.
Being my first investment, I am a bit apprehensive. I live interstate and have never been to the gold coast.
Just wondering if anyone thinks this is a bad idea !! Thanks