All Topics / The Treasure Chest / 2 -ve geared IPs (200k, 250k) in QLD

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  • Profile photo of 111111111111
    Participant
    @111111
    Join Date: 2003
    Post Count: 29
    May 22, 2003 - 11:36 pm

    I am a newbie and I like to buy 2 -ve geared IPs
    (one 200k and the other 250k maximum)in Queensland, preferably in Brisbane.

    I prefer a house and land with good capital growth.
    I would keep it for long term (10 or 20 years)

    With 200K, I can’t probably touch the inner suburb.

    Any suggestion to which suburbs I should be looking at ?
    Any idea will be appreaciated.

    Thanks

    111111

    Profile photo of soamessoames
    Member
    @soames
    Join Date: 2003
    Post Count: 2
    May 23, 2003 - 1:45 am

    Hi 11111
    I think the north side would be too expensive for you unless you go as far as Deception Bay, Sth side occasionally you can find them in Oxley (rarely)so best to get an agent to notify you if one comes up. they are still plentyfull in Durack, Inala, Bellbird Park, Redbank Plains to Collingwood park. Gets expensive again as you hit Ipswich. Going south, probably Marsden, Woodridge and on too Beenleigh. But of course they are a fair way from Bris CBD.
    Hope it helps.
    Soames

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