I got a property in Woodridge, which I think is nearby. It was cheap, and the return is good. I have been through 3 tenants in just over 2 years, made 2 insurance claims when they skipped town.
Property has increased in value from a $120k pp to $160k val 18 months ago, I suspect its a bit more now. When purchased it rented for $145, am now getting $220.
It was my first sight unseen purhcase, Im glad I did it, but, when I went to visit, I have never seen so many pawn brokers in the main st, along with chemists, police stations court houses and centre link offices!
Its 5 minutes from the train station, and a 5 minute drive from the freeway to either gold coast or Brisbane.....
My only regret is not having a better PM when the tenants skipped.