Bank is currently reviewing their decision to call up the loan after I advised client how to respond to their demand. Client is currently seeking finance through another bank and is waiting for their response.
Most real estate advisors would most likely say that you should buy property no more than about 8KM from a major city centre to realise the best property growth. I don’t think that you could get +Cash Flow properties within 8k but are more likely to be about 16KM or more from a major city. I’m currently purchasing a property in Bridgewater which will be a near + Cash flow investment.
Others may recommend looking in the growth corridoor between Brisbane and the Gold Coast as a better proposition if you have the capacity to buy in this area. As long as there is a large enough population in the area where you buy there will generally be a demand for rental properties.
