SiteManager replied to the topic Investing under $300k for Cashflow Positive / High Yield property in VIC ? in the forum Help Needed! 9 years ago
@planning, ok so in that case it is in 100 KM outter ring of Melbourne ?
Which city or suburb that you can show for example ?SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 9 years ago
yeah, that’s what my BuyersAgent told me, this area was long overdue for CG increase. I guess now is the time to buy here in COOMERA or ORMEAU.
SiteManager replied to the topic Suburbs in Queensland for Cheap Properties! in the forum Help Needed! 9 years ago
@Michael-888, Finally the mall has been approved, so it is should be BOOMERA now ;-)
See: http://www.coronis.com.au/blog/a-decade-of-planning-sees-coomera-flourish
SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 9 years ago
@Benny,
Yes my buyers agent always told me to get the existing house rather than the new one.He mentioned that Upper Coomera is full of families (they recently built a massive new childcare centre so there is clearly a lot of children in the area)
Many new houses, lots of development, and a billion dollar shopping centre precinct (including…[Read more]
SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 9 years ago
I’m still looking around but according to the buyers agent professional advice service that I have engage (Todd Hunter wHere Property group), he suggest me to buy in UPPER COOMERA and ORMEAU for long term Capital Growth.
He showed me from the statistics on his website, he was able to predict one area in SEQ near Ipswich to be a good…[Read more]
SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 9 years ago
@JAcM, why not ?
THere is big mall development going on: http://www.coronis.com.au/blog/a-decade-of-planning-sees-coomera-flourish
Now this area is growing fast for sure.SiteManager replied to the topic Investment property in Upper Coomera? in the forum Help Needed! 9 years ago
Now COOMERA started to improve after this new big Westfield Mall development http://www.coronis.com.au/blog/a-decade-of-planning-sees-coomera-flourish
Surely their research division can’t go wrong in selecting locations :-)
SiteManager replied to the topic Coomera QLD Investment Property in the forum Help Needed! 9 years ago
@Derek, not anymore mnate
See this new exciting development of big Westfield Mall http://www.coronis.com.au/blog/a-decade-of-planning-sees-coomera-flourish
soon it will be a blue chip suburb in SEQ.SiteManager replied to the topic SMSF in the forum Help Needed! 9 years ago
@Qlds007 So what’s the typical minimum amount for investing in SMSF ?
Can this investment combined with NRAS as well ?SiteManager replied to the topic Positive cashflow with increased interest rate in the forum Help Needed! 9 years ago
@deancollins Nice, spot on Dean.
So I guess it is for sure that RBA going to cut the interest rate again next year or even next week :-)interesting day ahead for us investor here where the banks just increased the IR last week due to APRA ruling.
SiteManager replied to the topic Positive cashflow with increased interest rate in the forum Help Needed! 9 years ago
@deancollins, which means the interest rate must be lifted up to attract foreign investor buying Govt. Bond because cutting interest rate means the country is not performing very well.
SiteManager replied to the topic Positive cashflow with increased interest rate in the forum Help Needed! 9 years ago
@steve70, are you using dual income property / sub division ?
SiteManager replied to the topic Future Growth Predictions in the forum Help Needed! 9 years ago
You can use this: http://www.smartpropertyinvestment.com.au/data/
Rule of 72 is what is used to work out how long it take for a IP to double in value, given the Capital Gain. Divide an areas historic CG into 72 = years to double. ie. 72/7%= 10 years. Another example 72/8%= 9 years.
SiteManager replied to the topic Deception Bay QLD Investing in the forum Help Needed! 9 years ago
You can use https://www.planningalerts.org.au/alerts to enter the location that you’d like to monitor.
SiteManager replied to the topic Advice about buying an IP in Coomera in the forum Help Needed! 9 years ago
Cool, so yes you can’t go wrong investing within 15KM of the Brisbane CBD, but obviously the price has moved up month by month.
As for me it’s different, the Sydney buyers agent (Todd Hunter) told me that this is the next place for the Capital Gain increase for the next 5-10 years. To cut the story short, I wasn’t interested with the…[Read more]
SiteManager replied to the topic How to avoid ex housing commission in the forum Help Needed! 9 years ago
@mddedf, you can use PriceFinder search engine to check it.
Not only possible in Victoria but you can search the whole country looking for your requirements.
Do you read API magazine? Its a good read people starting out. They also have data stats in the back but you can get better data using Pricefinder.
It is also a real estate search engine…[Read more]
SiteManager replied to the topic Investing under $300k for Cashflow Positive / High Yield property in VIC ? in the forum Help Needed! 9 years, 1 month ago
Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.
Source: http://www.melbourne.vic.gov.au/BuildingandPlanning/FutureGrowth/Documents/Understanding_Property_Economics_Drivers_Housing.pdf
and also this Infographics:…[Read more]SiteManager replied to the topic Investing under $300k for Cashflow Positive / High Yield property in VIC ? in the forum Help Needed! 9 years, 1 month ago
Because VIC is the second state with highest median property price plus the migration rate and amenities is already established compare to the other state.
Correct me if I’m wrong, if I look…[Read more]
SiteManager started the topic Investing under $300k for Cashflow Positive / High Yield property in VIC ? in the forum Help Needed! 9 years, 1 month ago
Hi All,
As a beginner investor, I’m looking for investing under $300k property for Cashflow Positive / High Yield property in VIC state, it can be any type House/Town House/Apartment, it must be existing one as I do not prefer to buy new OTP or H&L package.
Where about that you’d suggest me to invest ?
Note: From Steve McKnight seminar, he…[Read more]
SiteManager replied to the topic Suburbs in Queensland for Cheap Properties! in the forum Help Needed! 9 years, 1 month ago
@saqib did you end up buying in COOMERA ?
Any comments or sharing to assist me in investing in this area or toher area would be graetly appreciated.
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