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Good afternoon,
I would love to have replied to this posting earlier but had a week of trouble trying to sign-up to the site.
I am a 26 year old in the early stages of having my first Australian investment property built after previous investments in Canada and the UK. I am having a 3 bed house and 2 bed apartment built on a multi-residence zoned block of land in Maleny. This is due to begin construction in mid September with final completion hopefully with enough time to catch families looking to move into the area for the start of the new school year. I have done the figures on the property a thousand times over and have calculated that the property should just nudge into cashflow positive but only time will tell.
I would be very keen to hear of any other investors who have had experience in the Hinterland areas or who are on the look-out for investments in Brisbane proper.
It is fantastic to see a group of people shareing information and I would certainly like to hear from any young investors in Australia.
Cheers,
Krissy