Micksta replied to the topic Investing in Burpengary East, Brisbane QLD in the forum General Property 5 years, 10 months ago
Hi Benny,
I found this web site detailing the median unit price in Burpengary.$395k seems to be the median unit price.
https://www.propertyvalue.com.au/suburb/burpengary-east-4505-qld#UnitMicksta replied to the topic Investing in Burpengary East, Brisbane QLD in the forum General Property 5 years, 10 months ago
Hi Benny,
I just purchased a copy of Steve’s book- 0 To 130 Properties In 3.5 Years, and looking forward reading through it. The way I see it, valuable advice shouldn’t be free!
I used the median house price from realstate.com.au. It doesn’t detail town houses or unit prices. When you look at the selling price for the town house I’m referri…[Read more]
Micksta replied to the topic Investing in Burpengary East, Brisbane QLD in the forum General Property 5 years, 10 months ago
Hi guys.
Happy new year and all the best for 2019.This is fanatic feedback and very helpful information.
I ran all the numbers to compared buying new around $330k, vs old around $260k, to be on par. New is a much better option with the deprecation to create cash flow up to about 7-8 years, then starts to change. Looking down the track and 8-10…[Read more]Micksta replied to the topic Investing in Burpengary East, Brisbane QLD in the forum General Property 5 years, 11 months ago
Thanks Benny.
I’m in the process of setting up my SMSF, and looking to buy a new place being the preferred way, subjected to approval from ASIC, APRIA and ATO.
Obviously there’s the deprecation and fixtures straight up with a new property over an existing property, but there’s also a premiums with the developer and managing agent margins in the…[Read more]Micksta started the topic Investing in Burpengary East, Brisbane QLD in the forum General Property 5 years, 11 months ago
Hi guys,
First of all, Merry Christmas and have a safe and wonderful new year. This is my first post on this forum, so excuse me if have posted wrong section.I’m looking to purchase a new town house is Burpengary East, Brisbane QLD. The area looks good, lost of things plans for the future, however, comparing property listings in neighbouring s…[Read more]
Micksta became a registered member 5 years, 11 months ago