SiteManager replied to the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! 8 years, 10 months ago
Sure Benny I’ll try to make best of this situation and hard lesson not to fall again to this new OTP stuff.
Thank you for the input and suggestion.
SiteManager replied to the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! 8 years, 11 months ago
@Nigel-Kibel Well I guess they’ve just tricked me to buy this property for the sake of Tax benefits / Depreciation purpose.
Hence I can only wait until 10 yrs before it is Cashflow Positive.Because the suburb is close to the CBD hence it will increase in value for sure according to them.
SiteManager replied to the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! 8 years, 11 months ago
@Redwood yes, I thought that they would’ve selected the best price and location for me but somehow it is not for quick CG or even CF+.
I guess it will be long time 10 years+ before it is becoming Cashflow Positive :-|
SiteManager started the topic Selling Off The Plan apartment before completion in QLD ? in the forum Help Needed! 8 years, 11 months ago
OK, I must admit that I’ve made a mistake in my first investing journey.
I bought a 1br Off The Plan bedroom in Fortitude Valley around 3 months ago and starting to think it isn’t the best choice for my first investment property due to the fact of Brisbane has already oversupplied with apartment units.
It’s in a large block of 200+ high rise…[Read more]
SiteManager replied to the topic High Yield investment property in VIC under $320k ? in the forum Help Needed! 8 years, 11 months ago
@Knightm, well the reason is because NSW is already expensive mate. Hence I’m looking for another state for cheaper option but with more population growth potential.
SiteManager replied to the topic High Yield investment property in VIC under $320k ? in the forum Help Needed! 8 years, 11 months ago
Cool, that does make sense @Adnie
I’m in NSW so that way might work as you suggest :-)SiteManager posted an update 8 years, 11 months ago
Looking for CF+ investment opportunity under $320k in VIC state for long term hold.
SiteManager started the topic High Yield investment property in VIC under $320k ? in the forum Help Needed! 8 years, 11 months ago
Hi People,
Between those two suburbs mentioned below in Victoria state:
Frankston, VIC 3199
Werribee, VIC 3030Which one that you prefer or choose for investing that is recession proof or at least with the high yield closer to neutral gearing ?
Strategy is to hold and rent with minor cosmetic reno for uplifting the design.
Thanks.
SiteManager replied to the topic wHere Group in the forum General Property 8 years, 11 months ago
Yes, based on what they are available here in Sydney NSW, Todd Hunter is the man you are after.
He’s got some valid suggestion in directing my investment need in COOMERA and ORMEAU area. Not many people knows about those two places until now it gets more popular due to Disneyland and Westfield mall development.
SiteManager replied to the topic Upper Coomera/ Coomera in the forum General Property 8 years, 11 months ago
Hi @gladi8tor,
I believe now it is the good time to consider COOMERA, UPPER COOMERA and ORMEAU as the next boom suburb in QLD because of these two big developments:
Disneyland:…[Read more]
SiteManager replied to the topic jdl strategies in the forum General Property 8 years, 11 months ago
Hi @Henry,
I believe now it is the good time to consider COOMERA as the next boom suburb in QLD
Westfield Mall development…[Read more]
SiteManager replied to the topic Suburbs in Queensland for Cheap Properties! in the forum Help Needed! 8 years, 11 months ago
and now the Disneyland will be built in COOMERA area: http://www.news.com.au/travel/travel-ideas/family/new-billiondollar-theme-park-to-rival-dreamworld-to-be-built-by-chinese-developers/news-story/ec83e943b9fc3aae9c50d80689cc5850
This area will be booming soon I guess ?
Can anyone please clarify if this is correct or confirmed.
SiteManager replied to the topic Help Needed…Upper Coomera, SEQ in the forum Help Needed! 8 years, 11 months ago
I think this year is the good starting year for COOMERA due to the two big development in the area as follows:
Westfield Mall:…[Read more]
SiteManager replied to the topic Capital Gains Tax – My $60k Mistake?? in the forum Help Needed! 8 years, 11 months ago
@TerryW in the case for the Accountant over claimed what cannot be claimed, who’s fault is this when the client gets audited by ATO red handed ?
SiteManager replied to the topic Investment property in Upper Coomera? in the forum Help Needed! 8 years, 11 months ago
@Benny yeah that’s what I was thinking, because COOMERA has been dormant and so far I heard good plans only this year.
I must admit that COOMERA has been spruiked since 2011 and hopefully this time it is started to be come profitable.
SiteManager replied to the topic Coomera QLD Investment Property in the forum Help Needed! 8 years, 11 months ago
I think next year will be a good start for COOMERA and surroundings, because Disneyland will be built in COOMERA area: http://www.news.com.au/travel/travel-ideas/family/new-billiondollar-theme-park-to-rival-dreamworld-to-be-built-by-chinese-developers/news-story/ec83e943b9fc3aae9c50d80689cc5850
Once it is fully built, the property price in…[Read more]
SiteManager replied to the topic Investment property in Upper Coomera? in the forum Help Needed! 8 years, 11 months ago
Good news for you mate, Disneyland will be built in COOMERA area: http://www.news.com.au/travel/travel-ideas/family/new-billiondollar-theme-park-to-rival-dreamworld-to-be-built-by-chinese-developers/news-story/ec83e943b9fc3aae9c50d80689cc5850
Once it is fully built, it will be a great Capital Gain booster to the property price in COOMERA and…[Read more]
SiteManager replied to the topic First Time Invester – Where to Invest? in the forum Help Needed! 8 years, 11 months ago
Nick,
You can try to invest or research more about Loganlea or Ipswich area, those are still cheap with just under $400k so you could end up buying two investment properties with high yield to make you easier to hold during the high interest rate in the next 2 years ahead.
Alternatively if $400k is your budget, my buyers agent in Sydney is…[Read more]
SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 8 years, 11 months ago
ok, this is another news for COOMERA: http://www.hit107.com/scoopla/life/blog/2015/11/disneyland-could-be-heading-down-under/
So does this would means this area is now started to be getting better hence the developer selected this area ?
SiteManager replied to the topic Investing under $300k for Cashflow Positive / High Yield property in VIC ? in the forum Help Needed! 8 years, 12 months ago
@Qlds007, Does the foreign investor can buy existing property or does it have to be new Off The Plan ?
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