Being a regional centre you need to be careful. Vacancies can rise and the market can become oversupplied when developers go in and build a product based on predicted growth. Remember mining is unstable at the moment. You need to consider your strategy and use regional centres more for cash flow than growth, particularly in the short to medium…[Read more]

I’m not answering for Richard but for my money North Lakes in a long way from the city and there are a lot of new housing developments going in there. Being so far from the city and with a lot of land releases is an indicator that there may not be the growth that you would like. We are not advising people to buy in North Lakes. You might want to…[Read more]

Hi Steven, like others have mentioned, property is just a vehicle to achieve your goals. You need to work out a strategy so you know how property and what type of property can help you reach your goals. A good buyers agent or property mentor will be able to assist you here.

I own houses, duplexes, villas and units and they all have a place in my…[Read more]

Hi Knox, well done on your first IP. You do need to check on why you were advised to put down 20% dep. If you only put down 10% then you could have used the other 10% for another purchase. While you do need to pay LMI (Lenders Mortgage Insurance) on a 90% loan it can be a good move and help investors. You could even look at a 95% LVR. These are…[Read more]