Hi everyone
I am about to go unconditional on a 3 bedroom townhouse in Slacks Creek, south of Brissy and i am ready to start looking for the next one. Like many sydney investors i have a bit of equity in hand, and am looking for 300k or so purchase as my max purchase price.
I am trying to decide between the north or the south.
Redcliffe seem attractive as it is near the water, has the kippa ring train line going in and seems like the prices have been slow for 3 bedroom houses a few streets back. It is probably a little too far from the cbd though.
The logan and surroundings are already moving (probably due to us ), have good yields decent vacancy rates and is at a good point between GC and Bris.
I didnt think i would start a post like this but selecting an area is still the hardest part for me at this point in my investing career.
My heart say Redcliffe as i just purchased in Logan but the deals are still around albeit not as good as a few mths back. What would you do? What am i missing in my criteria?
Cheers for any responses guys
Michael
I am about to go unconditional on a 3 bedroom townhouse in Slacks Creek, south of Brissy and i am ready to start looking for the next one. Like many sydney investors i have a bit of equity in hand, and am looking for 300k or so purchase as my max purchase price.
I am trying to decide between the north or the south.
Redcliffe seem attractive as it is near the water, has the kippa ring train line going in and seems like the prices have been slow for 3 bedroom houses a few streets back. It is probably a little too far from the cbd though.
The logan and surroundings are already moving (probably due to us ), have good yields decent vacancy rates and is at a good point between GC and Bris.
I didnt think i would start a post like this but selecting an area is still the hardest part for me at this point in my investing career.
My heart say Redcliffe as i just purchased in Logan but the deals are still around albeit not as good as a few mths back. What would you do? What am i missing in my criteria?
Cheers for any responses guys
Michael