Hello all,
I'm a first time investor (31, 90k income, 50k savings) based in Sydney, looking to invest about 4000-450k. I'm a bit intimidated by the market in Sydney at the moment, which I feel has peaked and in the long run might not be sustainable.
I'm therefore looking into OTP property in Brisbane and so far my eye has fallen on the suburb of Toowong, 4066. It's not too far from the CBD, is well connected by road, train and bus, has a sizable professional population, has a shopping village, good schools and just seems like an overall decent and stable suburb to get started in.
I found this particular development, which seems to tick all the boxes for me on paper: http://www.realestate.com.au/property-apartment-qld-toowong-117022379
My questions are:
- Is Toowong a good place to get started? Is there any growth potential?
- Does anybody have any experience with this particular developer Serra Property?
Thanks!
I'm a first time investor (31, 90k income, 50k savings) based in Sydney, looking to invest about 4000-450k. I'm a bit intimidated by the market in Sydney at the moment, which I feel has peaked and in the long run might not be sustainable.
I'm therefore looking into OTP property in Brisbane and so far my eye has fallen on the suburb of Toowong, 4066. It's not too far from the CBD, is well connected by road, train and bus, has a sizable professional population, has a shopping village, good schools and just seems like an overall decent and stable suburb to get started in.
I found this particular development, which seems to tick all the boxes for me on paper: http://www.realestate.com.au/property-apartment-qld-toowong-117022379
My questions are:
- Is Toowong a good place to get started? Is there any growth potential?
- Does anybody have any experience with this particular developer Serra Property?
Thanks!
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