An ex-housing property in Queensland sub of Alexandra Hills. Would this sort of property be good buying? it is going to auction soon and not sure if I should put in a bid for it. It may go fairly cheap.
Tyrone Fernandez
Hi Tyrone,
I recently purchased an ex Dept of Housing property to wrap and I havent had a problem. The home is in great condition and freshly renovated and the building report came back excellent. I think with any home you need to conduct your due diligence and you generally will pick the home up cheaper than normal because its ex Housing Commission. Just make sure that the rest of the homes in the street are ok and it isnt surrounded by Housing Commission homes or you may have trouble re selling it (if that is what you intend to do). Also just check with the police station there if they ever have trouble in the surrounding area, may give you an idea of whether it is worth buying or not.
Cheers,
Brooke
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