Wood or Brick or Fibro for IP for CG

[iprock]

Hi Guys,

I am quite new and looking for first IP, I love reading your experience here. I am trying to see what is easier to renovate and sell a. Brick house b. Wooden house c. Fibro house. What you guys prefer for capital gain.

Thanks in advance

 

[Jamie M]

Hiya

I personally prefer brick - but it is quite a broad question and does depend on the location, comparable properties, etc.

Cheers

Jamie

 

[datto]

Brick is best. The others require more painting and repairs. I've never seen a cricket ball go through a brick wall.

 

[Rolf Latham]

Id expect a double brick in St Marys wont do quite as well as a Fibro on the North Narabeen Beach foreshore

land appreciates, buildings depreciate

ta
rolf

 

[chilliblue]

All things being equal brick due to less maintenance

 

[nww]

Hi Guys,

I am quite new and looking for first IP, I love reading your experience here. I am trying to see what is easier to renovate and sell a. Brick house b. Wooden house c. Fibro house. What you guys prefer for capital gain.

Thanks in advance

Have all three , Brick is my preference so much easier but if you get something
at the right price or a nice cash-flow positive,building material doesn't come into it.

 

[iprock]

Excellent, thanks for the reply, 360K for 3 bedder in Leithbridge park (550m2) vs wooden 3 bedda for 400K in Emerton 515m2

For CG any thoughts?