@Benny,

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.

@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.

@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 :-|

@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.

Cool, that does make sense @Adnie
I’m in NSW so that way might work as you suggest :-)

@pjewitt,

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.

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]

Hi @Henry,

I believe now it is the good time to consider COOMERA as the next boom suburb in QLD

Disneyland: 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

Westfield Mall development…[Read more]

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.

@JayTaylor,

I think this year is the good starting year for COOMERA due to the two big development in the area as follows:

Disneyland: 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

Westfield Mall:…[Read more]

@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 ?

@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.

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]

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]

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]

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 ?

@Qlds007, Does the foreign investor can buy existing property or does it have to be new Off The Plan ?