All Topics / Help Needed! / Gladstone – About to boom?

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  • Profile photo of TotTot
    Member
    @tot
    Join Date: 2005
    Post Count: 2

    Hey fellow investors,

    I have recently come to terms with my future goals of investing and investing wisely for positive cashflow returns.

    I been doing some prelim research on Gladstone and want to know your thoughts about investment in and around Gladstone.

    THe city is growing in population, it is a mjor emplyer through the Port (Still receiving large govt fudning) and close to mines for employment.

    Ideally am looking for properties outside of Gladstone which are priced between $40k-$100k. Does anyone have a good contact or agent o get me started?

    Thanks heaps

    Tot

    Profile photo of Fast LaneFast Lane
    Member
    @fast-lane
    Join Date: 2004
    Post Count: 527

    According to the latest REIQ figures for the March quarter, the vacancy rate in Gladstone for houses is 22.2% and units/townhouses 24.7%.
    Rocky and Bundy have both boomed and Gladstone is in the middle. If you do decide to go ahead with Gladstone and it’s surrounding areas keep your eyes open and know what you’re doing!

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