This is my first poster for my first IP, although I joined the forum a while.
A real estate company pushed me to buy their new development(to be finished next year) in Mackay at the price of 380k for 3bedroom/2bathroom townhouse on Blacks Beach Road, Mackay.
Since I'm based in Sydney and not familiar with QLD market, I did quite a bit searching on the web and this forum, I feel it is perhaps not a good investment.
I happened to notice Ipswich could have a greater potential as a lot of infrastruture construction and rebuiding is planned by the government. And the household is expected to increase 170% by 2026.
This will be my first investment. I don't wanna fail to frustrate myself.
Any ideas/suggestions?
Thanks in advance, guys.
A real estate company pushed me to buy their new development(to be finished next year) in Mackay at the price of 380k for 3bedroom/2bathroom townhouse on Blacks Beach Road, Mackay.
Since I'm based in Sydney and not familiar with QLD market, I did quite a bit searching on the web and this forum, I feel it is perhaps not a good investment.
I happened to notice Ipswich could have a greater potential as a lot of infrastruture construction and rebuiding is planned by the government. And the household is expected to increase 170% by 2026.
This will be my first investment. I don't wanna fail to frustrate myself.
Any ideas/suggestions?
Thanks in advance, guys.