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Hi All,
We are about to move out of Sydney, heading for QLD where my partner and I have been taking annual holidays for a few years. We are definitely OVER the negative gearing thing!!!Just wondering if anyone can enlighten us on advisable locations to start looking for properties in QLD. Would appreciate any ideas or any definite no go areas…Thanks[8D]
Check out……
Coombabah,Runaway Bay (gold coast)
Scarborough,Redcliffe (Nth of Brisbane)
Both very nice areas with good potential and some excellent fish restaurants (Morgans in Scarborough for quality n service makes Doy**s look like a s*** house)
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It might be an idea to ring a couple of the Gold Coast agents and talk to them about prices and possible rentals. I have done this at times and have found them really helpful. Ask if they can send you a copy of say the Gold Coast Property Extra which lists all along the coast, or the fortnightly Bestseller Gold Coast Guide. You can pick these up free of course if you’re up that way. Have you looked at realestate.com and clicked on Coombabah? I just did and there are over 150 properties under $300k listed for Coombabah & of course surrounding areas including Runnaway Bay. Click on Under $200k as well and there are 50 odd. Looking for a house or unit?I just rang about a 1br unit $155k at Runnaway Bay, rent $175 but it was sold. The latest API lists houses at Runnaway Bay increasing 22.36% and units 9.25% in the 12 mths to March.
Talk to any of the agents and the South East Qld/Gold Coast Corridor is still going ahead. People can commute to Brisbane for work and there is so much building going on. We were up there in May. We’ve just listed a 3BR townhouse we’ve had for a few years in the area, focusing more on houses now.
Anna
I’ve checked out real.estate.com and spoke to a helpful real-estate and am goingto check some places out tomorrow…..
depends how much you want to spend….I’ve been lookingat 180-220 for 2/3 bed places….all 2-10 yrs old on gated/resort with pools
