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well yes i have seen a mortgage broker to understand my capacity to borrow and stuff like that.
I am looking for something what will give me good capital growth. Only want a stand alone house..no units or townhouses. Can spend up to $500k but prefer to spend within $330k – $380k. I want to start small.
I wouldnt say positive cashflow is mandatory as i would prefer the capital growth. Not into renos or subbdivision at the moment as im just getting started.
Have been looking at QLD and VIC or regional NSW…so like Port Macquarie, Newcastle, Dubbo or Coffs Harbour.. I find Brisbane is already prices out unless i look at redlands and most of the houses there are really old. I prefer something newish..
Was looking at Logan heaps as there is a good rental yield..not so sure of the capital growth though..
So im still looking..
Any thoughts ?
Thanks Benny..and ideas on good investment locations in QLD then…within 400k?