Forum Replies Created
top ranking qld suburbs for growth
1 Sandstone Point 2 Munruben 3 Pelican Waters 4 Sippy Downs 5 Doonan 6 Ningi 7 Twin Waters 8 Bellmere 9 Forest Lake 10 Murrumba Downs 11 Caloundra West 12 Peregian Beach 13 Parkwood 14 Sunrise Beach 15 Griffin 16 Noosaville 17 Morayfield 18 Samford Valley 19 Warner 20 Ormeau 21 Cashmere 22 Rothwell 23 Yaroomba 24 Pacific Paradise 25 Banksia Beach 26 Mudjimba 27 Heritage Park 28 Sinnamon Park 29 Parkinson 30 Marcoola 31 Macleay Island 32 Russell Island 33 Burpengary 34 Bulimba 35 Sunshine Beach 36 Cornubia 37 Upper Kedron 38 Fitzgibbon 39 Noosa Heads 40 Doolandella 41 Curra 42 Tallabudgera 43 Tanah Merah 44 Moffat Beach 45 Coolum Beach 46 Balmoral 47 Hawthorne 48 Arundel 49 Cooroy 50 Manly 51 Logan Village 52 Narangba 53 Wilston 54 Springfield 55 Tewantin 56 Yamanto 57 Clear Island Waters 58 Buderim 59 Alexandra Headland 60 Bongaree 61 Highgate Hill 62 Glass House Mountains 63 New Farm 64 Little Mountain 65 Aroona 66 Seven Hills 67 Currimundi 68 Bli Bli 69 Mermaid Beach 70 Cannon Hill 71 Newstead 72 North Lakes 73 Lota 74 Morningside 75 Sandgate 76 Scarborough 77 Gordon Park 78 Minyama 79 East Brisbane 80 West End 81 Wynnum 82 Woody Point 83 Bonogin 84 Grange 85 Bridgeman Downs 86 Newmarket 87 Mooloolah Valley 88 Palmwoods 89 Eight Mile Plains 90 Wooloowin 91 Windsor 92 Auchenflower 93 Kenmore Hills 94 Worongary 95 Graceville 96 Belmont 97 Coorparoo 98 Greenslopes 99 Deception Bay 100 Beachmere
The pulp mill got conditional go ahead today would have to be good for property outlook in the north
http://afp.google.com/article/ALeqM5iweu1R7WPzrT3lJchiEa5nXkd5ew
L.A Aussie wrote:I agree with Bardon,and further to that post, It wasn't mentioned about the Depreciation you would get on the new house (maybe it was included in the "$110 per week to hold with negative gearing").
.
yes LA depreciation was already in the projection,.
Paul if you let me know what kind of house (cost) likely rent and yor marginal rate I can work out your weekly holding costs for you PM me if you want.that block was Ningi SEQ
Under contract for 970m2 lot for $199k, new block just listed for sale on same street slightly better end of esplande (better water views than mine) 666m2 asking price $400k. Made me feel good anyway.
Look on the bright side if there was a bust and I dont think there will be then good opportunity to buy, my cousin is madly buying in Florida right now.
I'm with Dreaming Brisbane has all the fundamentals although a bit of rain would help.
Have a look at what my cousin sends me he beleives that Florida right now is a once in a lifetime opportunity and cant understand why I dont come out and get some, so yes we see some bad press about the US but some see it as tremendous opportunity
Buyers Market + Favorable Financing = Money In The Bank!
Real Estate Prices are Down! (Good for Investors, YOU!) The interest rates have dropped for investor financing. The terms are good.
FLORIDA real estate prices have dropped as much as 46% in some markets. Sellers are starting to realize the value is what an able buyer is willing to pay. The value is not what they want and not what they paid. The value is set by what you want to pay. Investors are whiting 5, 10 or more offers each looking for the sellers who are motivated. We are here to help. Understand the MOST MOTIVATED SELLERS have FOR SALE SIGNS in the yard. The unmotivated sellers don’t have signs. WE specialize is liquidating discounted property for Builders, Banks and Motivated Sellers. We have the deals!
click here to view FLORIDA property starting at $80,000.
This advice is worth as much as you paid for it, but if you can get the finance and can hold for 6 months with no rent then I would take a 10 year postion on it and put a house on the block rent it out and keep it for ever or at least through another cycle.
4 bedroom, 2 bathroom double lock up single storey brick and tile allow $1000 per m2 turnkey including landcsaping although you can get cheaper. Have a look at his website for cheap builds I wished i had before I signed up my builder
http://www.coralhomes.com.au/design-prices/downloads/BRISBANE.pdf
Noted that these are all esatern states prices
to do the same in Brisbane at about the same land value and assuming that you are on the top tax rate and getting $350 pw rent it will cost you $110 per week to hold with negative gearing. If you sell you are back to square one again its the land that increases in value not the house.
I know Perth quite well and have worked with Water Corp, Woodside and Clough and my current company has just bought a tunneling company in Perth I also know that house prices are coming back a bit but I also know that they are predicting rapid population growth in Perth and rental demand will remain high. Dont worry if it all turns to custard there will be a few people jumping off the narrows bridge before you.
Micha, I looked pretty close at this loan but decided against it. I dont have anything against it either but just wasn't for me. Its 8.4% base rate and fairly high establishment costs and penalties to refinance. They also only lend in certain postcodes. One thing that they say is that the interest on interest is deductable but its not. I decided to use my LOC if I wanted to defer paying off interest also have a look here at what Margret Lomas has to say about it
You find a lender that is offay with this set kind of finance,set up the trust, find the hosue, get a loan to buy units in the trust, the trust aquires the property and the trust offers the property up as security all at the same time.
Joseph,
I had a Hybrid Trust set up and was about to settle two properties into it when I discovered that there was a high risk that the interest on the loan may not be deductible. Some advisers still say it is okay but I decided not to use it after searching the ATO private rulings which clearly didn't allow deductions. With respect to UT's the ATO told me that they will allow interest to be deductable to me provided the loan is in my name and I have the units in the trust. I was pretty disappointed with my accountant setting up a hybrid trust with this risk and and they are still saying that others are doing it now. The clearest advise I got was directly from the ATO you should call them and ask your question as they are quite happy to answer you directly. They also said that I could apply for a personal ruling on a Hybrid Trust if I wanted to but I decided against it in the end. Someone else told me that you can buy a trust that has a generic ruling but the ATO said that the ruling must be specific to you.
marg4109 wrote:From looking at many properties over the years, the reason for a personal inspection is not to check out what you know, but to find out what is NOT shown in photos or pictures.
I was going to contract on a property in US that had nice "curb appeal" and looked good on the listing on the web but when I got it checked out it actually didn't have any back to it no joke.
Vanessa-Ann wrote:Property prices on the move in George Town Tasmania and going fast – loads of investors there buying up like crazy ahead of the new Gunns Pulp Mill announcement due out in the next couple of weeks. Even without the Mill, new Seaport Marina hotting up prices as well. With Mill, rentals said to double (although I'm not so sure about doubling) but at a minimum should increase by at least 30% – 40%. Worth a look!I remember George Town reminds me of my home country of Scotland all those green hills and water views hope it all works well for you down there I think there is going to be some kind of gas plant built there as well.
In the process of refinancing and my PPR was revalued by bank 20% higher than 6 months ago purchase price in Bulimba, Brisbane.
yes it is avearge growth per year and it does compound,
four years ago I got this list and it was saying buy in Emerald, Mt Isa, Moranabah, Townsville, Cairns, Mackay etc and I didn't and look what happened up there.
Interestingly enough they are now not showing any of those ares or other regional areas or northern queensland most of the suburbs are in seq although Curra is on the list.
I guess if you alredy own places on the list it wont make any difference but it is a good guide if you are buying I am using it for my buying locations and am under contract in Ningi which is a 14 and 13 %.
If you need any other info PM me, I'm off to the park with my young sons now for a bit of footy… the good things in life.. enough stats…………………
Suburb, 5 year growth 8 year growth
Parkwood 14 11
Coolum Beach 10 8
Arundel 10 8I cant send it around and wont post it in its entirety as the original authors sell it. If you let me know the suburbs by number I can tell you the forecasted growth for next 5 and 8 years.
yes they are ranked in order of growth with 1 being the highest which is 14% per year for next eight years and it falls away from there, not from rpd data
Mackar, not matusik but it fell off the back of another proverbial truck
the song goes
dont worry
be happy
Many victorius generals when interviewed after WW2 about what was going through there minds and what they were going to do if they had been defeated during their respective campaigns said that they never "counselled thoughts of defeat and only focused on victory".
top ranking qld suburbs for growth
1 Sandstone Point 2 Munruben 3 Pelican Waters 4 Sippy Downs 5 Doonan 6 Ningi 7 Twin Waters 8 Bellmere 9 Forest Lake 10 Murrumba Downs 11 Caloundra West 12 Peregian Beach 13 Parkwood 14 Sunrise Beach 15 Griffin 16 Noosaville 17 Morayfield 18 Samford Valley 19 Warner 20 Ormeau 21 Cashmere 22 Rothwell 23 Yaroomba 24 Pacific Paradise 25 Banksia Beach 26 Mudjimba 27 Heritage Park 28 Sinnamon Park 29 Parkinson 30 Marcoola 31 Macleay Island 32 Russell Island 33 Burpengary 34 Bulimba 35 Sunshine Beach 36 Cornubia 37 Upper Kedron 38 Fitzgibbon 39 Noosa Heads 40 Doolandella 41 Curra 42 Tallabudgera 43 Tanah Merah 44 Moffat Beach 45 Coolum Beach 46 Balmoral 47 Hawthorne 48 Arundel 49 Cooroy 50 Manly 51 Logan Village 52 Narangba 53 Wilston 54 Springfield 55 Tewantin 56 Yamanto 57 Clear Island Waters 58 Buderim 59 Alexandra Headland 60 Bongaree 61 Highgate Hill 62 Glass House Mountains 63 New Farm 64 Little Mountain 65 Aroona 66 Seven Hills 67 Currimundi 68 Bli Bli 69 Mermaid Beach 70 Cannon Hill 71 Newstead 72 North Lakes 73 Lota 74 Morningside 75 Sandgate 76 Scarborough 77 Gordon Park 78 Minyama 79 East Brisbane 80 West End 81 Wynnum 82 Woody Point 83 Bonogin 84 Grange 85 Bridgeman Downs 86 Newmarket 87 Mooloolah Valley 88 Palmwoods 89 Eight Mile Plains 90 Wooloowin 91 Windsor 92 Auchenflower 93 Kenmore Hills 94 Worongary 95 Graceville 96 Belmont 97 Coorparoo 98 Greenslopes 99 Deception Bay 100 Beachmere
Stella, wouldn't worry to much I have property in Ashgrove that is going great and its not even on the list neither is Murarrie which has had very high growth in the last year 30% according to REIQ nd 40% according to Domain might be less than that but its moving
