I’m looking for info/guidelines for investment property in QLD,specifically in Runaway Bay and Coombabah areas…they are look to be good value and all the ones I’ve looked at are tenanted (longterm)….anyone got views/news ???
Are there +vly geared properties in Runaway Bay? The prices are pretty high there aren’t they? The reson I’m asking is that I need to find a good area to invest close to Ipswich.
depends how much you want to spend….I’ve been lookingat 180-220 for 2/3 bed places….all 2-10 yrs old on gated/resort with pools
It might be an idea to ring a couple of the Gold Coast agents and talk to them about prices and possible rentals. I have done this at times and have found them really helpful. Ask if they can send you a copy of say the Gold Coast Property Extra which lists all along the coast, or the fortnightly Bestseller Gold Coast Guide. You can pick these up free of course if you’re up that way. Have you looked at realestate.com and clicked on Coombabah? I just did and there are over 150 properties under $300k listed for Coombabah & of course surrounding areas including Runnaway Bay. Click on Under $200k as well and there are 50 odd. Looking for a house or unit?
I just rang about a 1br unit $155k at Runnaway Bay, rent $175 but it was sold. The latest API lists houses at Runnaway Bay increasing 22.36% and units 9.25% in the 12 mths to March.
Talk to any of the agents and the South East Qld/Gold Coast Corridor is still going ahead. People can commute to Brisbane for work and there is so much building going on. We were up there in May. We’ve just listed a 3BR townhouse we’ve had for a few years in the area, focusing more on houses now.
Anna
Are there +vly geared properties in Runaway Bay? The prices are pretty high there aren’t they? The reson I’m asking is that I need to find a good area to invest close to Ipswich.Yalata, if you have a copy of API, look at Ipswich postcode of 4305 and you can see the areas surrounding Ipswich. Then do some research on those areas through say realestate.com where you can see listings, suburb profiles, rental lists, population,etc. Maybe look at all that area between say Beaudesert and Brisbane.Pick up listings from all the R/E offices you go past so you know your prices, set your limit. Anna
It might be an idea to ring a couple of the Gold Coast agents and talk to them about prices and possible rentals. I have done this at times and have found them really helpful. Ask if they can send you a copy of say the Gold Coast Property Extra which lists all along the coast, or the fortnightly Bestseller Gold Coast Guide. You can pick these up free of course if you’re up that way. Have you looked at realestate.com and clicked on Coombabah? I just did and there are over 150 properties under $300k listed for Coombabah & of course surrounding areas including Runnaway Bay. Click on Under $200k as well and there are 50 odd. Looking for a house or unit?I just rang about a 1br unit $155k at Runnaway Bay, rent $175 but it was sold. The latest API lists houses at Runnaway Bay increasing 22.36% and units 9.25% in the 12 mths to March.
Talk to any of the agents and the South East Qld/Gold Coast Corridor is still going ahead. People can commute to Brisbane for work and there is so much building going on. We were up there in May. We’ve just listed a 3BR townhouse we’ve had for a few years in the area, focusing more on houses now.
Anna
I’ve checked out real.estate.com and spoke to a helpful real-estate and am goingto check some places out tomorrow…..
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