Hi Davo70
I’m new to Brisbane too would i be able to contact you at your office to discuss the local market and the financing options you have available? My email address is [email protected] if this would be okkay with you.
Thanks
Iain

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Hi everyone I am a Finance Manager in a Real Estate office in the Redland Shire (Where Redland bay is located). The rents in the area are for the most part only around 5-7% gross return and declining.

There is a strong surplus of rental properties. We are the largest real estate office in the shire and we can’t rent all the properties we have.

Prices have moved by a staggering 30% in the last three months. I am now having a lot of clients having difficulty being able to afford to purchase and some of these people have quite good incomes and equity in their current homes.

I would not suggest this area for positive cashflow properties yes for negative and capital growth.

The areas around Ipswich, Inala, Acacia Ridge and Archerfield are close to the city good rent returns and still can find positive cash flow properties there. (just be careful even these areas are rocketing).

Hope this helps!

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