Depending on where you are there should be some good investing networking evenings, the kind where you aren't really being given the hard sell but have a chance to meet other investors and talk to people.

One obvious change from the flooding is how it's hit buyer sentiment over the whole of the market, not just the 2% of flood affected properties.If you have the view that Brisbane is in a flat phase before growth kicks in at some point in the future, and we are into our fourth flat year capital growth wise now, then it's a better time to be buying…[Read more]

TiffanyG wrote:
Hey thanks guys for your comments… that was pretty much my thoughts, and think they're just taking the mick, but thought I'd post on here to get your opinions as maybe it was a dud area or something…

Hi Tiffany, any updates? I'm still amazed at the four years vacancy, incredible!

Alan Fox knows his stuff, always heard good things from his clients as well.http://www.propertunity.com.au/Forgive me if he doesn't cover those areas, worthwhile asking anyhow.

Quote:
……….PPOR in Brisbane bought in 2008 for 475k – Recently valued at 672k, owing 371k. Currently rented for 500 pw while I am away so around 8k negative pa but comfortable with that………..

That's a very strong result in Brisbane over this time frame, well done! Must have bought very well if the valuation is close to market. In…[Read more]

It's enjoyable being a buyer at the moment Jamie

Tonju, there's a lot of property in Brisbane (and Kallangur!), also a lot of new property, you have access to the whole market when you decided to do your own research, when you have a menu of products that are being sold to you then you will only have the smallest fraction of the whole market to choose from.428k isn't too expensive or too cheap…[Read more]

tonju wrote:
Thanks Andrew,Kallangur is 24 Km north of Brisbane & was not effected with the floods, the house & land packages are selling for $428,000 (Bridgeway Estate) and $410.00/wk rent is expected. I think  the house is overpriced by about $20,000. As I am going to be a passive investor & because of the oversupply of housing within the…[Read more]

Sounds like a good situation to be in, quite young, almost debt free and two healthy salaries! Blind67 I think there are a lot of people in your situation more or less, and plenty have come onto forums like this asking for guidance, so there is a lot of good advice to be dug up by doing some searching, also attending unbiased and no pressure…[Read more]

This might be of interest. It's a standard enough charge these days.Lease Renewal Fee – I cannot believe there are still a lot of departments not charging this fee. To sign an existing tenant to a new fixed term agreement, we see departments charging anywhere from as little as $25 right up to 1.1 weeks rent. It is common that the lease renewal fee…[Read more]

In North Brisbane I see a lot of them as 809m blocks, the extra charges are relatively new with BCC.

Empire15 I'm sure you will find a lot of variations throughout QLD, local councils are usually very helpful in my experiences and you should be able to get this information quickly. I can't see the attraction of looking for these blocks specifically instead of just looking at the universe of all double blocks!? Why the interest in widows if you…[Read more]

Last time I used a put/call option it was to postpone a financial event till the next year for the seller, I definitely wanted the property and hence the option was superior to a contract with a longer settlement.

The following is a thought exercise only, not a suggestion as it would contain plenty of risk of loss as well as gain.Assuming you had some super information about a rezoning to higher density or something similar.One strategy to go aggressive quickly for an individual would be to do as much off the plan buying as you could (land/units or whatever…[Read more]

If it's Brisbane you will be up for contribution charges with a realignment of a widow block unfortunately.

Residex have free capital city data.Residex housing dataChris Joye also has a good article to explain the basics.House Prices for Dummies

karlm63 wrote:
Thanks everyone for the replies,I better start and put some sort of list together and start buying property.I still have not a clue about this list yet but 1 thing i do know is positive cashflow is the go !!!!!!!Thanks again karlmTO BE CONTINUED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Good luck Karl!A journey of a thousand…[Read more]

Those figures look like they might be unreliable for judging real growth, medians can be very volatile, much better to look into direct resales and see how they have fared. There are also housing index providers that do a good job, I don't pay attention to median data mostly.Generally I would say that Perth has to be looking interesting at the…[Read more]

There is higher quality data out there! The main housing index providers all seem to do a very decent job in my experience.Why medians are used so extensively is perhaps related to price and habit more than anything else, I hardly pay any attention to them at all.

The extra 50k makes a lot of difference with the budget, 200 v 250k, main road will bring the price down, there are 405m blocks in that price range in decent locations <12k CBD.Cheapest way to get the land is to get is as part of a subdivision or house shift, not the easiest way though.