Hi All,
Your recomendations much appreciated. My wife and I are about to move to Brisbane in a month. She has just accepted a job in Logan hospital. We both have no idea about the area but have been told it’s not particuarly nice(apologies to anyone who lives there!) Anyway we want to be within 10km so she can ride to work.
The suburbs we are considering are:
-Logan Village
-Rochedale South
-Runcorn
-Daisy Hill
-SpringwoodAny further thoughts on these areas or others are very much appreciated lo rent initially, not for investing.
Cheers
waratah78
Hi Warratah 78,
when you say that a certain suburb is not very good to live in, have you throught about how this suburb may be in perhaps 10 or 20 years. about 10 years a go i brought a property in what was throught of as a lower class suburb. I remember my son coming home from school after doing a project on the melbourne infrastructure projections for the next 20 years. thereby buying a cheap property a couple of blocks from perhaps the largest shopping center, also good transport, hospital, and schools. Today i still have this property which is in a nice suburb where rentals are in high demand.regards michelle
Hi Warratah 78,
I’d suggest either Springwood or Rochedale South personally.
We bought our PPOR in Rochedale South in Nov 04 (first home) and have seen about 20% growth since we bought it.
From a living perspective – we’ve found people in the area to be friendlier than other places. Springwood which is a short walk away is becoming quite a little metropolis with big things planned for the area. Rochedale Sth has had a lot of first home buyers who are spending time doing up the houses. 60% of the people in my st are first home buyers and have been improving their houses. We know quite a few people in the st and we regularly have casual get togethers. Everyone looks out for one another.
Logan Village is quite a way out and is relatively rural with limited infrastructure and transport. I personally wouldn’t live there.
Daisy Hill is quite a nice area, but getting a little far out for us.
Hi all
Michelle, Warratah 78 is looking to rent initially so doubt would be concerned what may happen down the track; See at the bottom of the post. But long term you are right a dodgy area can turn into a good investment if home work is done.Kuade , yes Spring wood has lots of potential very nice area as with parts of Rochdale and Daisy Hill I think has good potential as not too far away from it all
Wayne
Mortgage Adviser
Email [email protected]
http://www.alphamortgagesolutions.com.au
First home buyers, investors, refinace, loan consolidation, equity loans, free service we come to you!Hi Gary are you trying to be the next Kiyosaki?
Logan is no Toorak but Australia has places that are less desirable!Have fun[cigar][specool]
Firstly, good luck finding a rental. Most houses for rent have 30+ applicants now, as even the cheap (as you say bad) areas all have houses seling at $300,000 and are becoming unaffordable to most of the average working families. I don’t know what job you have and if you have kids etc. but you want to look like a rich single couple tto get picked for a rental and probably won’t have a choice of which one to take.
My main tip is that the intersection roundabouts at north end of loganlea road and the M1 freeway are terrible terrible terrible in peak hour. And if you are going to logan hospital this is the only way you can come unless you come from the south. You can spend 15 minutes in line waiting.
The north/west section of loganlea isn’t a great area, but none of the areas around there are that bad at all. Medowbrook for example which is right beside the hospital is pretty good. Daisy hill and almost every suburb to the east of the M1 is good. The only ‘bad’ areas are woodridge, kingston, logan central, some of loganlea. You can also look to the south, there are nice areas in Waterford and Waterford West past the south end of loganlea road. What is your budget?
Daicum,
Thanks for the detailed reply, it turns out she is working near Woodridge station in the community centre there. So we could live anywhere in a 10km radius from there so she can ride. We would like to keep it $250 if possible. No kids but would need at least one lock up garage. We can go to $300 but prefer not to. By the way, we are the least fussy people on earth, as long as it’s an ok area, we’ll live in an igloo if we have to.Cheers
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