sorry to say Geoff, but  paying 183k for a 155p/week return in a regional town is very poor,  the potential buying has a negative geared property in a town with little prospect of capital growth , no offence but i'd rather park my money in a ING account.what is worse is that the property has been on the market for so long. In my street a sim…[Read more]

hi,I'm also thinking seriously about this area – redbank,goodna,redbank plains,collingwood park.You can still pick up a decent brick home for under 350k closer to 300k if you are lucky , which is not bad considering they're about 20-25 k's from the cbd.Whilst being a local I'm not sure about collingwood park, correct me if i'm wrong but thats…[Read more]

Go Foundation… Well said!!!!!!

Hi Foundation,I respect your privacy.My proposition is that house price movements are driven primarily by debtSo don't you think there are any other factors which influence prices eg.1. supply and demand2 .Immigration3. Mining towns4. Interest rates ectI think you have some really good points and data, and I say this with no dis-respect but you…[Read more]

Hi Foundation,You have some good points and data. Could I please aks what qualifications you have?

Thanks  for the reply V8 ghiaHi Terry,If this was the case could you provide more details on the load ie – interest rate, re-draw facility ectcheers,

alot of negative feeling here….anyway I think its not all gloom and doom.I'm 24 earn a wage of 40k gross per year and own 3 IP in Brisbane – and i think the market rewards people who have a go. I've also done this with liitle cash of my own. Am I struggling with recent interest rate rises??  YES Was i going to sell up and give up?? NOWhat did I…[Read more]

My point of view as a potential buyer. …In this day and age by far the easiest way to compare many properties is by internet.When I was looking for my last investment property I scrolled through many, and I can say you did notice the agents who appeared to take more time and effort, if only measured by how many photos they took.  I think it's…[Read more]

If it stress you that much, don't watch the share prices day to day, buy some good companies put the holding certificate in your bottom draw and forgot about it for 12 months, after all I think you would be having sleepless nights if every day you got quoted how much your property would sell at auction that day to.Good comment Tysonboss, too bad…[Read more]

Hi All,I own 2 propertys and a small share portfolio.  Over the last few weeks I sold off some of my shares like many others due to confidence – and consequently lost  about 2k. Now I still retain some shares in blue  chip companies mind you, but I sometimes goto sleep at night feeling like I want to puke just thinking what the market might do, an…[Read more]

Hi Marc,I like the criteria you  outline to purchase a property, well thought out and logical.  Just a couple of quick questions….1.Can you please provide more insight by letting me/us know what areas/suburbs you are are personally looking at (in Aust) which are close to the set out criteria??2. Do you always follow these steps  regardless of wh…[Read more]

Hi,I posted on this forum a while back regarding investing in Perth and somebody came back to me with the idea that is may be more sensible to invest in Queensland or SA as Perth has peaked recently and capital growth will more than likely be minimal over the next few years.  As I have  never been to Queensland and this is my preferred place to b…[Read more]

That's a rash statement.   I have just sold 2 x  two bedroom units in South Brisbane for under $275,000 and two in Toowong for under $262,000.   They are out there, but you do have to be quick.JonAgree John,Plenty around you just gotta be quick because everyone else is out to buy them!!Yes they don't appreciate as well as houses HOWE…[Read more]

Thanks Xenia and hallg for your responses… Xenia if you need someone keen and reliable you got the right team   Still no-one has answered the question for an outlay of around 20k for aprrox 60k gross is this a good return????Could someone be so kind to answer ?

cheers for the reply Marc,ok  besides the cash in hand issue, have you hand any dealings/experience/insight into cleaning contracts/franchises. Do you think an outlay of 20k  for the return (50-60k gross p/a) is an ok investment?Once you sign up you can obtain additional contracts also.Any help would be greatly appreciated.

Sorry to babble on but I wanted to add, Capital gains would peform better over time say 10 years. It seems everyone on this forum is looking to make a quick buck, but I don’t think it exists. The only way I got property was SAVE for deposits, buy well located property then budget.Sure this wasn’t creative or fancy but over time the yields have…[Read more]

I was interested in the property because it has good CF+ and good prospects for capital growth * 10 mins from BRIS CBD * close to all amenities ect. In fact for any local Brisbane people there are alot of these properties advertised around Salisbury, Coopers Plains, Wooloongabba. Prices are initially high around 300k but returns are always above…[Read more]