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Can any brisbanites give there insights into wynnum manly area and the potential for capital growth going forward. Any changes in the area? Future development. Price growth relative to suburbs closer to cbd. Thanks
Tonibell, would you mind elaborating? I was told a while ago that you couldn't do dual occ's in the region? (probably bad advice)In our case we were able to get an approved dual occupancy close to the bay and train station that offered a reasonable yield.
RPI did not mention the unappealing low tide mudflats when handling the purchase for us
Tonibell, would you mind elaborating? I was told a while ago that you couldn't do dual occ's in the region? (probably bad advice)
We bought three Ip's in late 2013 . Kingsley , Berrimah and Waterloo esplanade . Gone up somewhere between 5-10 % so far .
See Change,
Were they houses or townhouses you purchased back then? - there wasn't much stock on the market in those area/streets back then.
I note you've had some growth . We're not in the position where we looking to extract growth . What percentage increase have yu had in that period ?
cliff
The public high schools still have quite a bad reputation. There is lot of redevelopment going on and rezoning under the new Cityplan. It has been touted for years that the area was going to explode because it is on the water but hasn't yet and can't see it in the future either. There are nice cool breezes etc but the low tide mudflats are not appealing