the $64 million question that’s not likely to generate many responses. Around Brisbane it’s hard to find them now, from what I can gather there was a lot of them in the Ipswich/Morayfield areas to name two but there’s investors on here who are active up there that may or may not offer a better reply.
No I totally understand people’s desire no to answer this question, but like Steve says, “You can only ask”.!!!! Moreover I believe in assisting other people in society so if I know of sound investment areas I would like to think that I would inform people of these areas so they too can enjoy the good life.
There is much less around than there was 1-2 years ago. In May last year I was looking around Morayfield / Burpengary but it was just going nuts. Ended up buying in Townsville. At the time, there were some places around Ipswich but prices have moved on since then, too.
I have combed the Brissie area, and Ipswich too, and have to agree with all of the above.
If I “ever” find a great area to invest in, I will happily be sharing it with this forum. Because if there are such areas these WILL be found by other investors anyway (I mean I certainly won’t be the only one to notice them)and I’d rather have you helpful lot benefiting from the area than complete strangers.
Have to agree with Richmond and Rubbachook, been lucky and have a few properties in that area. Though my partner was lucky to purchase a real big heap there in the last 5 years or so, since then many of the properties over a 5 year period have triple and quadripled even one of my partners properties have gone up over 5 times its orginal price, if purchased in the last 2 year period, prices have definietly doubled.
The cheapies (+ve cashflow) are very rare to come by now. yet many people are purchasing there at the wrong time and now are buying at the top of a boom just gone and that property prices are just begining to level out in the area.