Thanks for the reply.
We are building an IP due for completion next year, and once finalised we would get the property revalued /remortgaged and hoping that with capital growth we will have some equity. We are not planning to pay anything off it as it will be an I/O loan. But we thought that after 12 to 14 months with some capital growth we might…[Read more]

Today we have bought off the plan apartment at Fairfield Waters due for completion in June 2007. The site is at http://www.fairfieldwaters.com.au/.
The response in this forum and our research indicate that Townsville is growing. Hoping that we made a good decision.

Thanks for the great replies.

Thanks for the great tips guys.