low income earners
Median household income $1234 - census
That's actually not too bad , definitely not low
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low income earners
HI, I am currently living in QLD and planning my first IP(house), focuing on CG and don't really mind negative cash flow. budget is up to 1mil'ish. Some of my friends suggest me rush into melbourne/sydney. But I also want to keep eye on brisbane locally.
Since I am asian, so I am more interested in brisbane south surburbs, such as surburbs around Sunnybank. I did some homework, southern surburbs like sunnybank, sunnybank hills, eight mile plains went up around 10% last year.
Would it be good time to get house now?
Any suggestion?
Thanks
What do people think of North Lakes? Anyone have IPs there? I was looking at a 10 year old 4 2 2 house on about 600m2 block, currently tenanted with approx. 5.2% yield.
Rochedale South could be worth a look, some good CG prospects and cash flow for some property types is pretty good.
Has anyone here looked into Edens Landing located in logan
Seems to be outside of floodzone due to elevation which is one of the boxes I wanted to tick given Brisbane's history of flooding
Yields seem ok and it has a train station
Anyone with local knowledge care to comment on the demographics or their opinions?
The rents are higher than logan central etc so I presume less socially disadvantaged in this suburb ?
And is close to some job creation hubs (beenleigh and also teys abbotior)
On the face of it has some promising aspects
Cheers
I am curious as to premiums for insurance for properties in Brisbane, Logan & surrounds. For Sydneysiders, is the insurance up in Brissie comparatively more expensive then Sydney?
Thanks.