All Topics / General Property / Best state to invest

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  • Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    Hi All

    Which is the best state to invest in for yields and growth? Considering the current climate with interest rate rises and slowing auction sales figures.

    I’ve been told brisbane[8D] is the place to watch. What do you guys think?

    Cheers[:D]

    Anto

    Profile photo of richmondrichmond
    Participant
    @richmond
    Join Date: 2003
    Post Count: 831

    Hi,

    Brisbane’s been booming for a while now, I think the Queenslanders on here will back that up. Out of the east coast capitals it’s the one that’s probably got the best growth potential over the next couple of years, but yields aren’t so good anymore. Have you looked into median prices v median rents etc of various suburbs?

    Cheers
    r

    Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    hi richmond

    I’ll looked in property investor magazine. Is there anywhere on the net you can get median house prices?.

    Cheers[:D]

    Anto

    Profile photo of swampy30swampy30
    Member
    @swampy30
    Join Date: 2003
    Post Count: 85

    quote:


    hi richmond

    I’ll looked in property investor magazine. Is there anywhere on the net you can get median house prices?.

    Cheers[:D]

    Anto


    Try this
    http://www.domain.com.au/UserServices/searchAPM.aspx?mode=subbuy

    it’s the only free report available on the web that I know about. Why pay $15.00 to Home Price Guide for this stuff when you can get it for free?

    Also PRD Nationwide do similar if you register (free) http://www.prdnationwide.com.au/research/

    Profile photo of FibejebeFibejebe
    Member
    @fibejebe
    Join Date: 2003
    Post Count: 152

    Great site Swampy. Thanks for that. Just used the info on that site to put in an offer of $420K on a property that is advertised for $560K. Yeah, I know, they will definitely laugh at us, but according to that site, units in that area have dropped by 5% over the past year. Kinda fun to throw the facts in their face.
    Fibejebe.

    quote:


    Try this
    http://www.domain.com.au/UserServices/searchAPM.aspx?mode=subbuy


    Profile photo of MrIronmanMrIronman
    Member
    @mrironman
    Join Date: 2003
    Post Count: 38

    Hi Swampy

    Yeah! thanks for the site it’s very helpful. Do you know of any others?

    Cheers[:D]

    anto

    Profile photo of RickstaRicksta
    Member
    @ricksta
    Join Date: 2003
    Post Count: 41

    thanks swampy

    nice to get something for free every now and then[;)]

Viewing 7 posts - 1 through 7 (of 7 total)

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