HousesOnly
okay, now I understand. I guess the challenge is working out what the market value is.

The other thing to keep in mind when considering where people will want to live in the future is that we live in ageing society so I think we’ll see more and more people moving to the smaller regional areas, whether they are coastal or otherwise,…[Read more]

housesonly
thanks for your reply. Did you mean the property would have to be 25% less than a similar property in a larger town/ capital city? We think we can get a subdividable property near the water (if not with views) for about 200-250K. There’s no way we’d get a place in Brisbane for that kind of money unless we went right out into the outer…[Read more]

I’ve been lurking here for a while now and I was very pleased that someone raised this topic. My partner and I are currently looking to buy an investment property (negatively geared I’m afraid but we have our reasons) in a particular small coastal town. We’ve been really worrying about whether this is a good idea but after reading these posts I…[Read more]