I live in NSW and wish to buy 3 IP's in next 3-6 months - Melbourne, Brisbane and maybe a unit in Sydney if funds left over. Have $2m to invest ($1m plus 50% LVR). Have 11 properties in NSW of which 3 are in Sydney.
I don't know Brisbane very well and due to not living there my research time is limited. Looking for a 2-3 bedroom house (not strata, I like terraces) within 5-10Km from CBD in price range $700,000 - $900,000. I wish to narrow my search area and realise I will purchase without the same detailed knowledge I have in NSW/Sydney. I invest for Capital Growth but usually find rents OK with such properties. Looking for something similar to Sydney's Inner West (I have properties in Newtown, Glebe & Alexandria) or Balmain/Lillyfield or East such as bondi/ coogee though that area is more expensive. I could use a BA but enjoy searching my own properties and had not so good experience with one recently.
Appreciate any advice on suburbs or specific areas/streets. Also Estate agent you may recommend.
I have posted a similar thread regarding Melbourne. Have received good feedback and visiting Melbourne next weekend. Intend to visit Brisbane next month.
Thanking you.
Harry
I don't know Brisbane very well and due to not living there my research time is limited. Looking for a 2-3 bedroom house (not strata, I like terraces) within 5-10Km from CBD in price range $700,000 - $900,000. I wish to narrow my search area and realise I will purchase without the same detailed knowledge I have in NSW/Sydney. I invest for Capital Growth but usually find rents OK with such properties. Looking for something similar to Sydney's Inner West (I have properties in Newtown, Glebe & Alexandria) or Balmain/Lillyfield or East such as bondi/ coogee though that area is more expensive. I could use a BA but enjoy searching my own properties and had not so good experience with one recently.
Appreciate any advice on suburbs or specific areas/streets. Also Estate agent you may recommend.
I have posted a similar thread regarding Melbourne. Have received good feedback and visiting Melbourne next weekend. Intend to visit Brisbane next month.
Thanking you.
Harry