Is anyone buying now - in 2013
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lol I won't believe that until Dec 31 11.59pm
We bought two this year, one in Perth and one in Tassie but that one is now sold. Planning on buying two more, in Brisbane.
Yep bought a duplex and a triplex, taking a rest now.....
Settling on one in Brisbane in 3 weeks.. Solid double brick box 500m from the bay on a good size block, dated ugly kitchen,absolutely hideous wallpaper and styrofoam ceiling and styrofoam cornice!! I've never seen such a ceiling before!!
$15-$20k spruce up should take rent up approx $80 per week.
smaller blocks of land without houses on them further from the water are selling for more than I got this one for, I reckon it's not a bad purchase.
Am also hunting for another one in Brisbane at the moment, itchy trigger finger.....
$15-$20k spruce up should take rent up approx $80 per week.
smaller blocks of land without houses on them further from the water are selling for more than I got this one for, I reckon it's not a bad purchase.
Am also hunting for another one in Brisbane at the moment, itchy trigger finger.....
Marrickville, as well.
That's three people in this thread who have bought in that suburb recently. Amazing how it's changed in the last few years.
That's three people in this thread who have bought in that suburb recently. Amazing how it's changed in the last few years.
Nate sounds very similar to one we settled on yesterday (in birkdale) about 400m from the shops
The house we bought is that crap that we managed to secure a 1400 Sqm block for 370k ( can't believe how cheap this is compared to similar suburbs in melbourne)
About the styrofoam ceiling - it may be asbestos. So be careful when your ripping
it out
Where did you buy? We looked in every bayside suburb north and south. We didn't think birkdale was the best pick but the deal was too good to be true
Ben, you cant really compare your purchase as being cheap in relation to Melbourne. You must compare apples with apples.
That being the case, for your purchase to be cheap, the purchase price would have to be lower in comparison to other similiar type properties located within the immediate surrounds of Birkdale your purchase location.
I think what you were meaning is that your purchase price was lower (not cheaper) than Melbourne prices.
Btw, congratulations on your purchase.
Cheers rixter
Yes what you said us true however I am confident Brisbane will catch up , high population growth , incomes catching up ( census data)
Also I have had another look and I can't find a block over 1200 for under 450 k in any area in a 30k radius from Brisbane
Didn't check Logan
I agree,
I have researched the Redlands area extensively for a while and 1400sqm for $370k is definitely a good buy!
Especially if you can chop it up.
Have you had a prelim discussion with council about this yet?
Nate
Due to settle on first IP any day and intend to purchase 1-2 more in Brisbane area prior to the end of the year.
Just settled on our first Brisbane Purchase , two more to go .
Cliff
Cliff
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