Do you have a link to the ad/listing so we can see what the property actually is and what the current sales pitch is. This would make suggestions easier
G'dayas someone who lives 3hrs north of Noosa and has a son at Uni on the Sunshine Coast I visit about once a month…heres my 2 cents worth.Who would rent it? The Sunny Coast is pretty depressed economically at present (not just those in tourism)Noosa is at the top and relatively (in SC terms) a fair way from the hub (lovely though)…add…[Read more]
I too have struggled with this dilemma for the last few years and decided to just pump it into the mortgage for the reasons your friend said. We now have 95% equity in a house last valued at $340k in SEQ so really we could look at several IPs, its just that with two kids living away at Uni and a third to go, cashflow is probably needed for th…[Read more]
Just something else to consider ( or not )Cheap airfares are changing the holidaymaker demographics, thus influencing local infrastructure which in turn affect prices. I live in the coastal region of Bundaberg Qld and the fact that Hervey Bay airport has upgraded to jet status means that Southerners can fly cheaper to there or Maroo…[Read more]