Hi,
With all the media going around it’s hard to determine whether we are dealing with fact or fiction in the realestate industry.I currently have an investment property in NSW and I am toying with the idea of purchasing a further investment property in QLD. I was wondering if anyone could direct me to any resources that me assist in purchasing an investment property in QLD.
Thanking everyone in adance.
Civicboy,
Hi and welcome. You will find you will get more responses to your query by asking more specific questions. There is no shortage of experts and people with great advice willing to help but your post was a little broad. Also this site has a great search ability and if you search for Queensland you will find heaps. Queensland is probably at the moment one of the best states in Australia to invest in depending on what you are looking for, particulary the South Coast, Cairns, Rockhampton, Gladstone, Townsville and the list goes on. Basically spend some time reading some of the posts on the site it will take you days just to get through Queensland specific info. Anyway welcome and good luck.[biggrin]
Hi Civicboy,
I agree with WAF – some areas in QLD are booming but there are alot of ‘shonsters’ – be careful and be a bit more specific – where do you wish to buy and what do you wish to buy ( a residential prop, an apartment…etc.)
whatever you find, first do the math – look at the returns versus the risk involved. Look at the fluctuation in population of that town or suburb, the crime rate, the amenities, Council proposals. Do your due diligence and you should be safe. ther is no clear cut answer that someone on this forum cab give you in whether to buy or not to buy a certain property – THE CHOICE IS YOURS.
Take care and God Bless,
Kind Regards,
George.“If You never never ask, you’ll never never know”
Originally posted by civicboy:Hi,
With all the media going around it’s hard to determine whether we are dealing with fact or fiction in the realestate industry.I currently have an investment property in NSW and I am toying with the idea of purchasing a further investment property in QLD. I was wondering if anyone could direct me to any resources that me assist in purchasing an investment property in QLD.
Thanking everyone in adance.
So am I
Julian
THERE IS ALWAYS A BETTER WAY!
The only way we find the product you are looking for is research, research, research. The internet is your best friend, utilise the search engines. Find out whats happening around the place, what are governments doing, where are people going. There a million different ways to research what we are all looking for.
Once you find it, then you must start building relationships, especially in the country areas, Some people dont take kindly to “US CITY FOLK”. This is where your relationships come into it. Most of the property we found when we started was around 8-9% gross. Once we built those relationships we started hearing of properties in the 10-12% area before they come onto the market.
With so many investors tearing through QLD they wont last, so that is why you need to do the research, build the relationships and be ready to move when you find that property you want.
Hunter House Hunters.
Specialising in finding your dream home in Newcastle and the Hunter Valley or your perfect investment property throughout Australia. [email protected]
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