2 bedroom, 1 bath, 1 garage.No easy answer to what people prefer, would need to narrow that question down a little. 'Depends' would be a good answer I think. If you are thinking of renovating then it would be a good idea to connect with people who do that, the Brisbane property networking group might be a good place to start.
Intrigue,It does seem strange, however it is true. Once you work with a situation long enough you begin to view it as normal and are not surprised any more. Generally the industry is heavily geared towards the new hunt new kill mindset and there are very few farmers out there nurturing longer term relationships where long term is more than a few…[Read more]
For early 300's then I think entry level 2+1(or 2)+1 older units in good blocks and locations in this 5-6k from the CBD range and very run down condition would be good targets. Idea being you cosmetically renovate to add value and yield, perhaps look for a twist such as fully furnished if you need higher rents.
So you were relying on the selling agent to alert you when your criteria could be met? (I think I have identified the problem)> Agent's often don't know the vendors motivations themselves, if you want to buy a property at a price and it's not likely, submit a written offer and get it out in the open.. negotiations don't work.. wait.. move on..…[Read more]
I'm interested in data.For Brisbane there isn't much around from the early 1800's Areas I have researched have information about the original subdivisions of larger blocks, going rate was around 1 pound per acre in the 1850's, 1860's, can track these values through to modern day land sales and look at the compound growth.Interesting exercise, not…[Read more]
To be pedantic the average income would be very low as the qualifications are very easy to get and a lot aren't active for the time they are registered.More precise info here: http://www.abs.gov.au/ausstats/abs@.nsf/mf/8663.0/The top few percent do take a lot of the spoils, regularly see 90/10, 95/5 or similar figures quoted in the training…[Read more]
There's quite a bit of choice under 400k in the Gold Coast – Brisbane corridor, healthy yields as well.Profile might be newer 3-4 bedroom brick house on a decent sized block of land, can get plenty brand new for 400k and well under if that's a consideration, all comes back to your criteria and goals.
Don't start cold. Go knock on a few doors and have a chat with the principal, offer to buy them a coffee if they are busy and demonstrate your product/service, offer to supply for free for a trial period.No definitive answer but if you are a small business and trying to bootstrap your way up with a small marketing budget then the value of a…[Read more]
If I had to survive with just one website it would be http://www.realestate.com.au Would end up saving thousands every month in data subscriptions as well Don't need that many hours, just set up an area or suburb of focus, get the email alerts and just observe what happens for a few months, hard not to build up knowledge about a small target area when…[Read more]
Last month was busy for me, reports around that it's been the best month of the last 7 for various parts of the industry, hard to spot trends till they are well established and likely it's just catch up from a slow period. Interesting none the less.
beedie wrote: Mattnz,I presently have 5 boutique apartments and a fully renovated house under construction with a completion date and on the market mid-August. 3 out of the 6 will qualify for the grant as they are a tad under the $600000 limit but can’t say that I think all my xmass have come at once. Thinking the new home market operates in i…[Read more]
Hi Saqib,Best advice I can think for you at the moment is to go seeking knowledge rather than asking for specific directions, you have many choices.Beware of marketing companies that take money from developers for selling their property whilst dressed up as buyer helpers.Also you are talking a mix of lifestyle (you will live there) and investing…[Read more]
Carolyn, this is a structuring question but also perhaps a family question as the answer will depend on personality and motivations of yourself and your son. I was fortunate enough to get a similar helping hand when younger so am now just reminding myself to pass it on to the next generation. I'm also fortunate that I wasn't able to sell and use…[Read more]
Lora4486 wrote:
Thanks Richard! How would it compare to North Lakes? I'm looking at a 4 bedder on a 450sqm block, asking price is 535k built in 2010, in Warner really close to Eatons Close though. VS the same in North Lakes… Any thoughts?? Thanks
I don't want to be too specific and cross over into the area of advice but I would raise two…[Read more]
Lora4486 wrote:
Hi There, Any feedback on Eatons Hill in Brisbane? Whats it like, what kind of people live there, is it a good place for investment property? Any potential? How easy is it to get to Brisbane from there etc… Thanks, Lora
Hi Lora,Will approach this question from a different angle as I've answered the same question with slight…[Read more]
Charles 1 wrote:
As has already been said – you are going to pay for the perceived security of a rent guarantee. They are project marketers – in general these people take between 8 and 15% commission on their sales – again something you pay for. And it looks like they're into new house and land packages – you can do much better
Chappy,I agree with your comments, don't see how my comments would change? So I think we are disagreeing to agree! Anyway what you said is spot on.Cheers,Andrew
By the way I think it's worth repeating, the selling agent does not represent your interests as a buyer, they are legally required to represent the best interests of the seller. They have no duty to you as a buyer to help you with your goals so you aren't really being let down technically speaking, if you were the seller of this property then that…[Read more]