Sitemanager rather than look at Ipswich look at the Brisbane – Ipswich corridor.
We are finding some excellent properties for clients in these areas with some excellent drivers.
Cheers
Yours in Finance0-40 Properties in a decade. Ask me how.
Hm, now I know bit more after @benny and @steve explains it to me in plain english :-)
You guys are right and truly make sense. I was under the influence that whenever new big business is opening like Costco, Woolworths, etc.. http://www.thereporter.com.au/news/costco-costco-costco/2563492/ –> shows that the area is brewing with some good potential
Hence I will change my focus to Ipswich area for Cashflow investing.
what about Park Ridge QLD 4125 ? it is now starting to become top 9 in QLD state, it is starting from $300k for 2 bedroom house with 313 Sq Meter.
You have to be careful with these figures – i.e. growth in median prices does always not = actual house price growth. There are a lot of new properties being developed and sold in Park Ridge which pushes up the median sales price but that doesn’t mean that all folk achieved 18% growth on their properties in Park Ridge.
I think you can do better than a new or OTP property in park Ridge on 350sqm.
We have purchased properties on 1000sqm not far away for $330k a few months ago that are now selling for $370k+
Ah I see, so do you mean not far away from Logan City council or Ipswich city council ?
Because when you mention property sub $400k it is hard to find house within 10KM of brisbane CBD ring.
I went to the Steve McKnight event last weekend in Sydney, in the live Q&A session one of the guy mentioned about buying a regional town gas / pterol station, Steve comemnts were no, unless the owner can have guarantee of Environmental Defect Free for 10 years.