Wow, I hope Guan is right too.. cause I recently bought my first IP in Chermside West..

Thank you diclem for your comment… and Bardon, I plan to rent out the forever as I have already settled down in Melbourne. Thanks for telling me of 'too much soil' stuff.

Btw Bardon, as in Chinese astrology my counts are soil – 122, metal – 52, water – 54, wood – 50, fire – 12. This year is the fire Pig year and it has really shown me luck, I got a new higher paid job which allowed to start to invest in property. Do you know much about the Yin Yang stuffs?Cheers

Thank you for sharing Bardon. I do know that post-85 building cant be depreciated. Still, we want to minimise the cost of maintenance of our IP's and you did agree brick houses will cost less in future maintenance. Just curious if you would pay 10 k extra for a brick home?

I bought a partly renovated one-storey brick house at 600s Hamilton Rd, Chermside West, Qld 3 months ago… I paid $398,000 for it…  Prices for brick houses in the area seems to be more appealing… as a Qlder, what do u think?