Hello all (sorry miss out some words)
I am going to buy an IP (house and land) in Brisbane next month.
My budget is 180K-220K range.Where should I buy I want a reasonable CG and not after income ?
I know that some people are buying in Woodridge, Logan and Beenleigh. But the prices have gone up dramatically since last year. I would like to look at some other places first.
Is there anywhere else I should be looking at.
Dose any one know about Forest Lake area ?
Please help.
Thanks
Doesn’t matter where you buy.
Just find out through real estate agents and other real estate organisations what the capital growth and rental return of the type of property you wanna buy is in the chosen area.
They should be at least 5% and 4-6% respectivelly.Everywhere in Brisbane is booming. Forest Lake is about 18km South East of the CBD and is Qld’s largest planned estate. It has very large lake and I go there a lot for walks and coffee. We are even considering buying there. You can still get properties in the $200k price range but these are basic houses away from the lake. Not that there is anything wrong with that.
Anyway just my two cents worth.
why not try using http://www.homepriceguide.com.au to guide you where you want to buy in Brisbane
Kind regards
Chandara
[Keep going, you’re nearly reach the end of financial freedom]
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