- Opportunity In EverythingMember@opportunity-in-everythingJoin Date: 2006Post Count: 122seank wrote:
To answer the question without providing any advise or bias.
250k based on price, closest to brisbane cbd -maybe look at the following areas:
NORTH – Redcliffe, Burpengary, Strathpine
Houses will be older style maybe needing work
Hopefully I can post this without stepping on anyone's toes – I don't have anything to gain from this forum, just a brisy local with some knowledge of the area
The Test. http://www.realestate.com.au. Zero houses under $250,000 in each of the named areas.
It's simply by chance you can buy anything (houses) under $300,000 in the named areas.
I attended an auction in Redcliffe recently of a run down two bedroom fibro house on 400m2 of land kitchen was 2.5 x 4m, hot water system inside in cupboard, original everything paint and lino $278,000 deceased estate. Now that's a bargain for the area and the competitive bidding by 7 bidders was proof of that.
Qualification min specs, three bedroom brick house on 600m2 land with an immediate return of $250.00 per week at best (that's a pretty ordinary return).
Lets represent the market for what it is. $250,000 buys very little if anything (houses) within 30kms of the CBD.
Last time I checked Ipswich was a very very very long way from Brisbane 45kms approx
ok I have a property at Dinmore (Ipswich) walking distance to train, school and shops. It's an eastern suburb so it's a 20min drive to Bris CBD.
so here is a brick an tile at dinmore for $220kMilly wrote:ok I have a property at Dinmore (Ipswich) walking distance to train, school and shops. It's an eastern suburb so it's a 20min drive to Bris CBD.
so here is a brick an tile at dinmore for $220k
Accorind to maps.google.com its a 35 min drive from Dinmore to Brisbane CBD with distance of 31.8km.
and according to whereis.com.au it is Travel 32.46 km, Est. Time 23 mins to come from my house at dinmore to albert st in bris cos i dunno where the PO is.
SO 'accorind' to my calculations I'm 3mins out . sorry bout that.
Perhaps eternit, your calculations were before upgrades to roads. Ive done the trip often enough.
Yes you right, not sure why maps.google.com says 35 minutes?
Are you familiar with Browns Plains at all?
no sorry enternit, can't help you with Browns Plains. Terrible name tho. Someone on the sth side should be able to help
Would anyone know if this is a good deal: http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104183050&f=10&p=10&t=res&ty=&fmt=&header=&c=94947872&s=qld&snf=rbs&tm=1186294259