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  • Profile photo of steven.fergusonsteven.ferguson
    Member
    @steven.ferguson
    Join Date: 2003
    Post Count: 3
    October 21, 2003 - 2:22 am

    Mitzu,

    I bought my first IP through Mortgage Choice in Windsor. Andrew Heath is the principal, and his work before, and follow up after settlement was exemplary. I highly reccommend him.

    Good luck,
    Steve Ferguson

    Profile photo of steven.fergusonsteven.ferguson
    Member
    @steven.ferguson
    Join Date: 2003
    Post Count: 3
    September 2, 2003 - 3:34 am

    Carl,

    Thanks very much for your reply, that’s exactly what I wanted to hear! I considered most of the features you mentioned about Arundel prior to purchasing, so I guess my research was accurate.

    I agree its the best part of the Coast, and will be making a trip to “Inspect” sometime in january I reckon!

    Enjoy the race and good luck with the Arundel IPs.

    Steve

    Profile photo of steven.fergusonsteven.ferguson
    Member
    @steven.ferguson
    Join Date: 2003
    Post Count: 3
    September 2, 2003 - 3:28 am

    Lawry,

    Thanks very much for your insight.
    I have been suspicious of Gold Coast realty agents and rightly so it appears! I am negatively geared (fairly heavily) but also in for the longer term.

    One good point about QLD real estate is it has the lowest establishment costs in Aus, rates are also very low comparitively.

    If you are planning on buying at GC, choose wisely because capital growth varies greatly over a fairly small distance geographically speaking. ie. 12 mth gowth in Labrador to Mar 2003 was approx 25% whereas in Nerang was approx -10% !!

    cheers

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