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I agree with DD, Ipswich and surrouding suburbs is the way to go. My house is on a quarter acre in walking distance from shops and Woodcrest College, the best public high school in Qld (yes I guess I might be a little biased here).[grad]
The point is that our house is under $300k and there are many decent houses here that would fit into your budget. If you want classic Queenslanders or classy modern Ipswich has it in your price range. Best of luck.[thumbsup2]
Regards VivI have found that agents will call me if they know my requirements. If a deal isn’t quite right but the agent has been helpful, rather than just saying no, leave them with a list in writing of your requirements and they will call you when a property like that comes on the market. After all they want the sales too. I have sometimes found they call BEFORE the property goes on the market.
Cheers
Vivian[biggrin]You’re all assuming that the starting value carried over to the subdivided block is the same percentage as the land percentage on the original purchase. How would this work when there is a house on the initial block but you only sold the land on the subdivided block? Surely you couldn’t just say 50% of the initial costs belong to the block of land. What if you then sold the house but kept the land to build another house on? Then you would have a disproportionately low initial cost on the house and trigger a huge capital gain when it is sold. How can this work fairly? Has anyone had this experience of selling only part of the sub-division?
Regards VivianI have read Rich Dad Poor Dad and it changed my way of thinking.
Having said that, I also attended his seminar in Brisbane late last year and was very disappointed. Everything he said was a scaled down version of what I already knew from his books. He doesn’t give you much in the way of real advice but is big on making you think like an investor which is also important but from your previous posts I’d say you’re already there.
