Originally posted by landt64:
hi,
does anyone have any thoughts in investing in far north qld? I’ve seen a couple of properties that would fit the 11 second rule but I’m not sure if it’s a big enough town.I’d appreciate the help.
thanks
landt[blink]

I’ve been doing it in Cairns past few years and done very well, the place is still booming and…[Read more]

Quote:
If you dont move in, I would probably not sell within 12 months anyway, that way you get CGT discount and if you did sell within 12 months it would be taxed at your marginal rate (income tax rate)-G7

Do you mean not sell it for 12 months from the date land tile is in my name? or when the actual house is finished?.

thanks for your info.

Originally posted by JOKOB:
Hi
I’m currently wanting to buy my first investment property and have been looking into Cairns abit.
Just wondering if anyone can share their recent experiences in the market. Is there still significant potenial for capital gain there and what would be the best areas? Any to avoid?
As i’m not a local, does anyone know…[Read more]

Originally posted by c.stone:
So where are the best places to invest for positive gearing in NSW, QLD and Vic.?

N.C.Stone

Think Cairns, still in boom mode and expected to continue for foreseeable future, and a very low vacancy rate of some 2%. Land, new and established home prices continually on the march.

The City is experiencing rapid…[Read more]