I haven’t had any experience with DOH but I would consider $5 rent increase every 6months and a clause to be able to access the property for development. (surveying, council approval, etc). If possible sign up for 2 years and then it will give you more flexibility if rent has risen heaps and with development. Then you may be able to consider…[Read more]

I would also talk to the local council and see what their plans are for the future. They may have an idea of future zoning changes and give you an indication of residents attitudes towards you increasing density or subdividing.

Hi Dee Dee. If your referring to your Shoalwater property there is many plans for the future of Rockingham and when the development starts, workers will be looking for accomodation which will push rents up. It’s all supply and demand so past history may not be the best indication. I’ve found the first 2 yrs are hard financially but then it gets…[Read more]

I was considering purchasing in Tasmania late last year (Burnie area) and noticed that councils are doing investigations into effects of global warmining before considering waterfront development. Regards Linda

Population is increasing the most in Brisbane and Perth so that's where I'd be looking.  Maybe you need to do more research.

I think your on the right track. Especially is IP has increased by $20000 so quickly. Negative gearing is OK as long as you have good growth. The first 2 years are the hardest but as rents rise it gets easier. Best wishes. Millions (almost)

You can also purchase bond and tenancy forms from newsagency. http://www.propertydivas.com.au also have some forms you can download. Regards Linda

I agree, slow speed in last few weeks is really frustrating!!!!!

It might be a good time to buy. Maybe flow on effect of increases in inner city prices hasn’t hit these suburbs yet. With Brisbane’s high migration/immigration and the resources boom I expect it to continue going up. Bris prices look cheap compared to Perth and has a similar lifestyle. I think it will do a bit of a catch-up. Bris has also got…[Read more]

I think Dianella is an excellent suburb and worth holding onto. I’ve often thought area is undervalued. I live in Morley so I know area. I know a lot of councils are increasing density of zoning in places within walking distance to trains in next few years. I’m sure eventually all blocks over 800m2 will be sub-dividable. Take a look at…[Read more]

What suburb are you in and is it close to train?

Dear Richard, thanks heaps on your advice re: $8000 deposit on contract for purchasing Brisbane property. You saved me from having to come up with this money 4 wks before settlement. The selling agent tried to make me feel stupid for asking to only pay $1000 deposit but because of your help plus other forumites I stuck to my guns. So THANKS…[Read more]

I agree Ritchie77 – Follow the water. Don, I think Margaret Lomas invests in Woodridge. People that live in Woodridge love it but the rest of Bris hate it. You’d have to pretty select with your tenants. Ther’s probably better areas a bit further south. Regards Linda

Not to sure of buyers agents in Brisbane. I’m living in Perth and moved from Bris 8yrs ago. There’s also a coulple of Brisbane Real estate agents that use this site. Maybe do a search on other Brisbane posts. From what I’ve been told if your purchasing in Brisbane at the moment you need to make your offer fast or miss out. Prices are rising…[Read more]

I think Bris has heaps of potential and is about to take off. High immigration and employment. Heaps of good valued properties. I’d do plenty of research first and perhaps think of using a buyers agent to lower your risk. Regards, Linda

I have an article written by Noel Whitaker saying you can put your Capital Gain into super and pay only 15% tax on it. If you want details on it PM me with your email address and I’ll scan it and email it to you. Personally I wouldn’t do this unless I was 50 or older.

It sounds like a good move to me. Linda

I would hold on for 12 months. I think it may benefit from flow on effect. Regards Linda

Where is it exactly? What size block, how far from beach? Linda

Look at areas with strong employment, good infrastructure, follow the water or views, fix rates for 5yrs. Buy in lower price bracket – around $200k. People have to live somewhere.