regional areas ?

[jim]

i've only recently found this forum but i'm v. impressed, you have probably heard these questions before but please bear with me as i'm in the same position most of you were in 5-10? yrs ago.
i've read a few posts saying never mind the emotion , do the numbers stack up.
what numbers does this relate to ?
aslo is there any websites i can find which have the rental statistics, cap. growth and any thing else i should be thinking of, for regional centres in qld.
thanks in advance for any replies.
jim

 

[Aceyducey]

Jim,

The numbers are the figures on the purchase.

Cost to buy, loan amount, loan repayments, rental returns, etc.

Generally properties need to either give good rental returns (positively geared) or good capital growth prospects (increase in property value) or both to be a good investment.

What the place looks like & how you feel about it is not as important as the numbers working for you

For Queensland you could start with Residex...reports cost but have a lot fo good data - search for Residex in this forum for what other people have to say about their reports

Cheers,

Aceyducey

 

[jim]

aceyducey
thanks for that i will have a look at the reports.
jim

 

[brains]

try this one. great for accurate QLD rental figures

http://www.rta.qld.gov.au/march_quarter_2003.cfm