All Topics / Help Needed! / Gladstone Qld Market

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  • Profile photo of theboytheboy
    Member
    @theboy
    Join Date: 2010
    Post Count: 6
    December 15, 2011 - 2:20 am

    Hi guys,

    Just after some opinions / points of view on the Gladstone residential market.

    I know its difficult to judge a property cycle however I think many investors would be looking at this market and it be great to hear some predictions.

    I`m looking at living in the town for the next 2-4 years and don`t fancy paying the high rents.

    Thanks for your imput in advance.

    Pat

    Profile photo of sapphire101sapphire101
    Participant
    @sapphire101
    Join Date: 2006
    Post Count: 203
    December 15, 2011 - 5:16 am

    Buy an old Queenslander, close to town with as large a land component as you can afford.
    You won't go wrong with so much happening up there. You also will have options down the line to add value and extract much more from the property in terms of cash return and possible development. ( even if it is your PPoR).

    Ian
    http://www.theblockblog.com
    Free Property Investment Info, Tools & Resources for Investors With A Sense Of Humour.

    mattnz
    Participant
    @mattnz
    Join Date: 2007
    Post Count: 574
    December 15, 2011 - 8:21 am

    If you don’t fancy paying high rents, don’t move to Gladstone, unless you plan to buy.

Viewing 3 posts - 1 through 3 (of 3 total)

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