Chinchilla has growth still left. Once the projects start up out that way there will be plenty of growth.Dalby still has a bit of a stigma about it after the floods (read Bank valuers are guarding their own backsides) great area out that way, and plenty of potential.

Money spinning is is great in theory, but remember, Communism works in theory also….If you want growth in NSW, the the only real place is the Hunter Valley region.It's the only area in NSW where there is any REAL money being spent of Infrastructure and Government spending and there is amazing population growth taking place also.600,000 people…[Read more]

Dalby and Chinchilla are good areas outside of Toowoomba. Some amazing things happening out that way. $14Billion being spent on Infrastructure and Government spending.

Good job then. Less overall monthly commitments will improve your finance servicing down the track.

Hi JnbWe have been busy in Mackay. It's a great place with plenty of reasons why it will continue to boom over the next few years to come.You can get some good value there, just have to know where to look. Like most of these towns, there are politics that get in the way, but you once you understand the games some like to play up there, you can…[Read more]

Saw a report recently saying that the medium house price in Perth had only changed by $1,000 since 2006.Not saying that their isn't opportunity there, but with only 1,000,000 living over that side of the country and 21,000,000 odd living over this side, you can understand why it fluctuates so much.I was out at Gregory Hills, SW Sydney the other…[Read more]

Hi NooobI think the issue for you straight up will be deposit. If you only have $20K saved, this will be hard to use until you get a bit more deposit.The other issue is the sad state of Australia's legislation on investment advice. I have been a qualified Finance Broker as well as Licensed Real Estate Agent (only investment based) for over 16…[Read more]

boybramley wrote:
Hi fellow investors. New to the website and this blog. PPOR is Sydney and I'm looking at Muswellbrook, Singleton as an investment. Strategy really is to buy well, undertake some quick TLC such as polished floor broads, new kitchen, and/or maybe new bathroom. Rent out asap as a +ve cash flow, or almost +ve. I've taken…[Read more]

KeyStrategies wrote:
Hi arope 99I have a question for you – I was wonderingHow would buying an investment property affect the First home savers account?Would you still qualify under the scheme?

The answer is yes, so just invest first and make your deposit bigger, THEN go and buy your own place.99, I think you're over thinking the whole process.…[Read more]

NHG wrote:

PISTORE wrote:
In summary, do what your parents did and you'll end up like them.

Haha,Tried explaining that concept to my dad, he was understandably very upset.He struggled to understand why I talked to my accountant for accounting advice, the lawyer for legal advice and the friend who owns 50+ properties for property investing adv…[Read more]

Sorry Wake, would have to say steer away from Emerald. Great on face value, but Suncorp recently announced the will not insure there due to the flooding risk bein too high. This will have repercussions with the banks also as they reassess their risk, so just a bit too ugly up there now.
There are a lot of strong places to look at, but he elephant…[Read more]

Really depends what your ultimate goal is. Don’t get me wrong, capital growth is great to look for, but you need to be able to cash flow your purchase to get the growth, so cash flow is very important too”
Plenty of those numbers look good historically, they aren’t crystal balls, and really you need to be looking for areas that have the 3 key…[Read more]

A couple of things.
Owning your own castle is overrated! Believe me when I say this as it is based on almost 2 decades of showing people how to get rid of this debt, or financial cancer as I call it.
Once you get a mortgage, and are on 1 income, forget it. Life will stop dead, you won’t be able to borrow any more money for investment as you’ll be…[Read more]

Hi Glen
Just wondering why you were limiting yourself to areas like those you listed.
Depending on your income, you could look at far Bette options with your deposit.
It really depends on what you want, growth or income or both.
Those areas are ok, but they aren’t as good as others that will get you far better returns in a lot shorter time frame.

Should be able to get it through most any insurer these days. Ring who you currently use for your car/home insurance, they can probably do a good deal combining all the policies.

Adrian, just a side note. By the sounds of it, it seems that the purchase you are considering is heavily reliant on getting the QS report done to give you the cash flow you need to maintain the property???
If this is a concern, then the property you are looking at might not be ideal for your situation.
The old saying applies with property as with…[Read more]

Welcome to our wonderful country, best place in the world. Well we think it is.
Good forum to ask as many questions as you need with plenty of helpful people.
Happy to chat.

KeyStrategies wrote:
Hi Everyone The last 3 days has been interesting to observe – All the Doom and Gloom about the Norwich Park Mine closure has been all over the Media yet the announcement made by Anglo American Coal to Double its mine size in Moranbah on the same day has gone virtually unnoticed an as had almost NO press.…[Read more]

I'm sorry to say, but the ship has well and truly sailed on Moranbah. I wouldn't touch it with a 10 ft pole now as ALL the signs are saying that it's maxed out and is now on it's way back down to a more realistic position in the market.Forget Moranbah, start looking at locations that are going to be the NEXT Moranbah. That's where there money to…[Read more]

mattsta wrote:
i'd agree that going for mining towns in established areas would be the least riskiest option, as opposed to those where mining companies have just gone in

Remember, risk and return are relative