From: Ray Summerton
There seems to be some low price townhouses available in the outer Brisbane area at the moment. Can anyone shed some light on whether they are a good buy or not. They seem to be recently built, have lots of facilities like swimming pools, tennis courts, BBQ areas etc and on site managers. However, the Strata fees seem high making for -ve returns. Do they have low vacancy rates? Do they look like achieving a good long term capital gain? Are there other possible problems a South Australian should know about? What is the best way for a long distance investor to find out where the best deals are?
Regards Ray
There seems to be some low price townhouses available in the outer Brisbane area at the moment. Can anyone shed some light on whether they are a good buy or not. They seem to be recently built, have lots of facilities like swimming pools, tennis courts, BBQ areas etc and on site managers. However, the Strata fees seem high making for -ve returns. Do they have low vacancy rates? Do they look like achieving a good long term capital gain? Are there other possible problems a South Australian should know about? What is the best way for a long distance investor to find out where the best deals are?
Regards Ray
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