Originalsinner replied to the topic New solar farm planned for Kingaroy! in the forum General Property 5 years, 11 months ago
Bunnings being built too! Supposed to open by Easter 2019! :)
https://southburnett.com.au/news2/2018/12/15/1-9m-kickstarts-bunnings-construction/
https://www.southburnetttimes.com.au/news/revealed-when-kingaroy-bunnings-will-open/3487071/
Originalsinner started the topic Real estate market prospects 2019? in the forum General Property 5 years, 11 months ago
So. I see lots of gloom and doom in the papers about the bottom falling out of the RE market, and there is talk of a notable drop in values. Regardless of politics, I hear that Labor plans to reduce the CGT discount, and eliminate negative gearing. Election probably first half of the year; at time of writing this, TAB is firmly predicting a Labor…[Read more]
Originalsinner started the topic Real estate market prospects 2019? in the forum General Property 5 years, 11 months ago
So. I see lots of gloom and doom in the papers about the bottom falling out of the RE market, and there is talk of a notable drop in values. Regardless of politics, I hear that Labor plans to get rid of the CGT discount, and eliminate negative gearing. Election probably first half of the year; at time of writing this, TAB is firmly predicting a…[Read more]
Originalsinner started the topic Purpose built student accomodation – thoughts? in the forum Help Needed! 5 years, 11 months ago
Thoughts please!
I am currently looking at purchasing a purpose built student accommodation unit. The kind that has several bedrooms with ensuites off a central lounge/kitchen area, with each room rented separately, sited close to a university. Returns look ok; basically it looks like if one of the rooms is rented all the time it covers body…[Read more]
Originalsinner replied to the topic New solar farm planned for Kingaroy! in the forum General Property 5 years, 11 months ago
Wind farm is being built down the road. The company that owns the proposed coal mine looks like they’re trying to sell it. Have to see what happens!
Originalsinner replied to the topic New solar farm planned for Kingaroy! in the forum General Property 5 years, 11 months ago
Wind farm has opened up down the road. The company that owns the proposed coal mine looks like they’re trying to sell it. Have to see what happens!
Originalsinner started the topic New solar farm planned for Kingaroy! in the forum General Property 7 years, 2 months ago
See link. They’re talking about starting construction mid-2018, and creating up to 100 construction jobs.
https://www.southburnetttimes.com.au/news/huge-solar-farm-plans-for-kingaroy/3230934/
Originalsinner replied to the topic Looking for Positive Cashflow Areas with Growth Potential in the forum General Property 7 years, 3 months ago
I reckon Canungra might do ok out of the Commonwealth Games.
Originalsinner started the topic Construction starts September 11 on wind farm in the forum General Property 7 years, 3 months ago
I’ve been following the development of the Coopers Gap wind farm, on the basis that it’s appearance might be good for the area. Not just for immediate jobs and power generation, but for tourism as well. It’s ~50km from Kingaroy, and will apparently produce a couple of hundred jobs for the area during construction.
Construction starts September…[Read more]
Originalsinner replied to the topic Looking for Positive Cashflow Areas with Growth Potential in the forum General Property 7 years, 3 months ago
So, Ajay, what did you end up doing?
Originalsinner started the topic Australia's biggest wind farm near Kingaroy has green light! in the forum General Property 7 years, 3 months ago
The Coopers Gap wind farm, roughly 50km from Kingaroy, is set to proceed to construction. This is an $850 million project, and is currently set to be Australia’s largest wind farm upon completion. Construction is due to start later this year, with 200 construction jobs planned. Will be interesting to see what this does for the…[Read more]
Originalsinner replied to the topic What tool to use to find areas that suits my buying power? in the forum Help Needed! 7 years, 4 months ago
You could scan through the medians in the real estate investment mags, and highlight the ones that look interesting. Actually, you might also like to check out “Your Investment Property” online. Lots of useful info there. Good luck!
Originalsinner replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 7 years, 4 months ago
Further to that, there is now more info on the planned Kingaroy Bunnings.
https://www.southburnetttimes.com.au/news/bunnings-draft-plans-available/3206059/
Originalsinner replied to the topic Assistance from Queenslanders in the forum Help Needed! 7 years, 4 months ago
To be clear, I’m not saying that Beenleigh or Canungra are better or worse picks than any other given area. Just saying that they’re worth evaluating. Good luck!
Originalsinner replied to the topic Assistance from Queenslanders in the forum Help Needed! 7 years, 4 months ago
I’ll mention something else. A major problem with having a place far away is organising repairs. Basically, you can’t easily do minor repairs or evaluate big ones there yourself. Property manager will probably be happy to organise it for you, but it costs money, and they sometimes want stupid things done, and if you’re far away you can’t really…[Read more]
Originalsinner replied to the topic Assistance from Queenslanders in the forum Help Needed! 7 years, 4 months ago
Well, Beenleigh’s on the train line, so convenient to public transport. Infrastructure includes 2 fair sized shopping centres. Logan Hyperdome is also just down the road. An abbatoir is a major employer. BMX track present. Suburb is on the highway, roughly halfway between Brisbane and Gold Coast, so probably something like 30-40 minutes to either…[Read more]
Originalsinner replied to the topic What would you do? in the forum Help Needed! 7 years, 4 months ago
Well, if you use it to reduce the interest on your existing mortgage while you work out what to do, you could probably do a lot worse.
Just my thoughts. Obviously, do your own research on it.
Originalsinner replied to the topic Assistance from Queenslanders in the forum Help Needed! 7 years, 4 months ago
Sorry Steven, I know nothing of Morayfield. Not interested at all in Beenleigh or Canungra?
Originalsinner replied to the topic Assistance from Queenslanders in the forum Help Needed! 7 years, 4 months ago
Canungra is a relatively lower priced town that still has pretty good yields and is not far from Surfers Paradise (say around 40 minutes). Not much for sale there at the moment, but it might get a boost from the Commonwealth Games next year. Logan area, maybe check out Beenleigh. Solid growth there last few years, on the train line, and I doubt…[Read more]
Originalsinner replied to the topic Answers to “Where to Find CF+ Deals” in the forum Help Needed! 7 years, 4 months ago
So for the last few years Kingaroy has hovered around 400 houses for sale on http://www.realestate.com.au, with 10-20 under contract. Just recently it’s dropped to only 356 for sale, and 330 not under contract…[Read more]
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