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I have held an IP in Logan for 6 years and it has been rented out from day one without any real hassles to date.
Properties around the $300k sell the quickest in the marketplace so that shouldn’t be a concern, which is similar to Corey’s comment who has answered the post well.
On another note it would be handy to get hold of a suburb list showing housing commission houses on the decline!RE Freebies | Real Estate Freebies
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Email MeProbably best to speak with experts in that field like Cherie Barber or Jane Slack-Smith to name a few. Happy hunting!!
Andrew
<moderator – delete advertising>RE Freebies | Real Estate Freebies
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Email MeIt wouldn’t hurt talking to the experts in that field. Cherie Barber and Jane Slack-Smith, to name a few, are well known for their renovating tactics and may know some strategies regarding CG. Happy hunting!!
Andrew
<moderator – delete advertising>RE Freebies | Real Estate Freebies
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Email MeMichael does seem to be extremely active in the Real Estate industry and very resourceful. Let us know how you fare?? :)
Andrew
<moderator – delete advertising>RE Freebies | Real Estate Freebies
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Email MeFor that price range you could try Annerley, which also gives you the opportunity to rent out rooms individually to students being close to UQ and may just land you your desired 5% rental yield. Happy hunting!!
Andrew
<moderator – delete advertising>RE Freebies | Real Estate Freebies
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