Hi All..
I would like to know whether Brisbane is good place to Invest in 2014.
If Yes what suburbs should I be looking at.. Houses or Units or Apartments.
Please Would love your opinions.
Thanks in advance!!
Brisbane has been hot for a while. Check out all the posts about it on this forum and others.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
All depends on your price bracket and what you are wanting to achieve.
We are getting asked 3 or 4 times a day the same question.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Echo the thoughts on the other posters opinder. Plenty of threads also.
Personally I think Brisbane is hot and potentially too hot (for my preference). There are many more opportunities outside Brisbane to consider. Think outside the box is a consideration.
I guess the opportunity for Brissy is that the Chinese are coming into the inner city apartment which we have seen a mass influx in Melb and Syd and recently Gold Coast.
I had a client a few weekends ago boughts 3 apartments in Brissy, a house in GC and a house in SC….Chinese of course.
Cheers, Ivan
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
Thank You everyone for the opinions.
My Budget is 400k to 450K.
Looking for townhouse 2 or 3 bedroom within 5km to 10KM radius of Brisbane CBD.
I guess if the market is really hot, Its probably not a good time to buy.
Sat in my Solicitors office only last week signing a Contract when he told me the young Chinese lady sitting in reception had just bought 28 properties off the plan in Brisbane in 1 go.
There is no shortage of buyers up here at the moment and the activity is manic.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Ha Rich, she will be seeing the same solicitor when the valuations don't come in at settlement – assuming OTP. Its insane. I'm off to SG and China Friday – wish me luck with the flight path.
Cheers, Ivan
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
Ivan there is no valuation they are all cash purchases.
Cheers
Yours In Finance
Richard Taylor | Australia's leading private lender
Huge interest in Brisbane and the real estate agents know it.
I have quite a few clients looking in the Bris market and the best word of advice is to be quick on your feet, you'll find properties are going under contract incredibly fast and for increasingly higher prices.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
Brisbane has been hot for a while. Just check out all the posts about it on this forum and others.
Tell us about it.
The phone never stops ringing at the moment.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Opinder,
Your price point is right on the money. 3 minutes north of the CBD for one bedroom units or 20 minutes north for 4 bedroom houses and you will be in the sweet spot.
Modernity Investing
Email MeHate to say I wouldn't be buying a 1 bedroom unit or indeed a 4 bedroom house.
With that sort of money you could probably get into a nice inner city suburb in a small unit or townhouse complex.
For a little more you could get a freehold townhouse in the right suburb.
Slightly lower yields but excellent capital growth prospects in the long run.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
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