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  • Profile photo of snapersnaper
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    @snaper
    Join Date: 2005
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    Thanks. Have checked out WB, but had a friend (RE Agent) reference for BMT.

    @goosehead -> didn’t buy in 89′, was built in ’89 – purchased in 2007 for $365k. Nice area – just off Collins rd backing onto the state forest.

    Thanks,
    Simon

    Profile photo of snapersnaper
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    @snaper
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    Correct – no depreciation schedule – and this is the content of my other post :)

    Profile photo of snapersnaper
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    @snaper
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    Personally, I’d be keeping an eye on where the infrastructure is going, inparticular the new gateway project that is due for completion in a year or so. This has an extra 8k or so of onramps, check it out see where they are leading in from and find a property close to there.

    Chermside is a decent suburb, and a major bus interchange so I wouldn’t be too worried about spending money there.

    I just purchased in Scarborough (10k from North lakes on the coast), and I do think that North lakes is a decent place to buy. And NL is 10k to Petrie train station. In between north lakes and next train station is a suburb called Kallangur which has been semi-rural so lots of large blocks, close to PT, close to highway and also quite cheap – I think this suburb will do well in years to come.

    All the talk around this area is about if/when proper public transport will come out this way, and personally I think North Lakes is getting so big it may very well happen in next 5 years. Certainly out west (Springfield lakes, towards Ipswitch I believe this almost a reality).

    In Brisbane, I’d personally be looking at positive property. We purchased a house in Everton Hills in April 2007 for $365, just rented for $450 and it’s a 10 min drive from trains.

    Cheers,
    SP

    Profile photo of snapersnaper
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    @snaper
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    Alternatively, buy ME a ferrari .. :)

    Originally posted by coreyjay:

    Buy a Ferrari!

    Coreyjay

    Profile photo of snapersnaper
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    Ray White no longer do rentals, they sold it to another business (harcourts). There is quite a demarkation in Rocky RE in the sense that places like harcourts will be primarily ‘northside’ and LJ Hooker primarily ‘southside’.

    My preferences would be Kas Woch. He has been in Rocky for many years but is not one of the bigger agents. Very good though.

    SP

    Profile photo of snapersnaper
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    @snaper
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    Hi .. the area you are looking at buying in is very close to the University, and hence almost entirely populated by university students, if that matters. A lot of the houses are relatively new and unexciting.
    Property prices are very much on the rise in Rocky, partially because of the coastal rise (yeppoon). It is on the north side, and there is many better places to buy/build. I know several people who have properties that have risen substantially, particularly in new developments. There are currently new developments opening on frenchville rd (blocks are around $100k) and at the base of mount archer. If I had the money, I would be looking at a block of land in the hillside/norman gardens/mount archer/frenchville road area. The southern side of Rockhampton is much older, and virtually no land for sale, which can make houses in the right area quite valueable (some over $1,000,000). My place for example has risen around 80k in the 18months since we purchased it.
    Cheers,
    Simon

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