Try Riverview in Brisbane QldHi all,
I am looking to buy an IP but can only afford a purchase price of very early $200k. I am interested in houses or units that gain a reasonable return and capital growth.
Can someone suggest a good area for me to look at please.
Thankyou very much for your thoughts.
such an open ended question:
NSW: Raymond terrace, close enough to the $3.4b gov. spend in Port Stephens area in next couple of years, with 6% returns and properties under $230k for 3 bedroom.
Just settled on $212k, 3 bed. 1100sqm corner block in this area because of this. Rent is $270pw after $7k reno.
houses from $23500 QUOTE]At that price, they must be selling like hot cakes. Put me down for a couple.
I just checked realestate.com.au and he doesn't seem to have any of the $235000 1 bederrs houses on there now damn well still plenty of others to choose from.