Hi
I’ve just placed my first investment property on the market (-ve) but made a bit in capital growth. Can anyone recommend suburbs that sell houses for around $100,000 to 120,000 with good rental yields? Researched a few but keep coming up with high cost homes or rents that are not high enough. Any help greatly appreciated as fingers wearing down from internet research.
[
well i guess thats the $100,000 – $120,000 question.
if u think u’ve search everywhere and u havent turned up anything its proberly time to try a different area.
keep on keep’n tho, seek and u shall find
Hey Banner. To be honest things have moved. There are still deals out there but your 100-120K is probably difiicult in Brisbane City but achiveable in the satellite areas. You need to look at areas north ,west and south of Brisbane. Have a look at a map and see what yuo think. If you get really stuck email me. deero@optusnet.com.au
I won’t talk to you though unless you can name me five areas that have properties in this bracket…..some homework.There are still properties out there just move fast.
Enjoy
AD [:0)]
(Andrew)“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”
Hi AD ,
Can I please aked you what web search engine may help me in finding the right IP within Banner’s range.
I too are very intereted in finding my first IP
with +ve cash flow and where rental is not a problem. Sorry I’m new to Investment Properties.Thanks guys.
Hi katsu88,
get on realestate.com.au and searc the areas that interest you when you find an area that looks good then do a search on the town through yahoo or simmilar to find out more about it’s economy etc. If it all looks good call a few real estate agents and go have a look.
It really is as simple as that![8D]Happy hunting
Scott S“Aim for the stars and you’ll shoot the top of the telegraph pole. Aim for the top of the telegraph pole and you’ll shoot yourself in the foot!”
-anonThanks everyone for your input. I shall research on! and thanks AD.
[
]IMHO the only area that has properties at that price and a train station (essential!) is Beenleigh.
If you are not familiar with Brisbane, I would recommend looking at a map of the rail network, make a list of the stations, then search on realestate.com.au on those names. Try http://www.transinfo.com.au for the rail map
In the next 20 years being within a 5-8 min walk of a train station will become more valuable in Brisbane as population and road traffic continues to increase.
Choc
Brisbane Traffic ? Surely we will have Sky Cars by then
[
] If you believe what this guys been saying for years -> http://www.moller.com[
]Hi guys,
There’s more than just beenliegh! I just missed out on a deal where you walked out the front door and just about fell onto the platform for under 50k !!
The topic ‘Brisbanes cheaper suburbs’ is closed to new replies.
