Hey Achimy,
So what stage are you up to in your research?
I like the school map its great! Might make some myself.
Also what are your thoughts on this idea? To find the desirable parts of town I search on realestate.com.au for new apartments only in the suburb and see where they cluster. I figure apartments have millions of dollars to lose so they would put a lot of research into the right location.
http://www.realestate.com.au/buy/pr...edcliffe,+qld+4020/map-1?newOrEstablished=new
So I was looking at Beenleigh as a focus for me, given my current circumstances, I might not be able to afford Kippa-ring - as I'd prefer to buy a house as a first investment, until I get more confidence to buy units etc.
(volume of units is kinda skewed in Kippa-ring as I don't want to buy a retirement villa, and buying a townhouse might not be ideal given lack of comparables, so might not satisfy the bank in terms of lending and moving forward). But I will say, 3 bedders sell the most in Kippa-ring. Mix of high sets and low bricks. Low end high-set range is like 300k - 310k.
Beenleigh has solid yields and has the capacity for neutral to positive cash flow, provided I do well in negotiating and networking.
For Beenleigh I noted the bottom, middle and top of the market. Now here is where I might start to not give my whole game away, as it can get a bit competitive. I will however allow you access to my spreadsheet as happy to get your thoughts, pm me your email so I can share the doc with you. Lowest sold I noted was around 250k in beenleigh. Gives an idea of potential to negotiate down to? Some high rentals as well, showing like 380, 360. but most seem to be lower end of the market
http://house.ksou.cn/rp.php?q=Beenleigh,+QLD .
I might lose focus over the coming days/weeks as I really need to focus on upping my performance at work. Gotten some rough feedback.
PM me your email, I'll share the spreadsheet with you. Feel free to comment on it.