All Topics / General Property / Roma, Queensland

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of MikalHowardMikalHoward
    Participant
    @mikalhoward
    Join Date: 2013
    Post Count: 48

    Hi all,

    Just wondering if anyone has some thoughts on Roma, Queensland as a possible place to invest? Are there any current forum users that have already invested there so have a real world experience?

    I look forward to hearing your responses.

    Cheers.

    Mikal

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Hi Mikal

    I think the boat has sailed in Roma.

    I had a few places there around 10 years ago and did very well in the town but to me there are plenty of better places to invest.

    Cheers

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    100% Investment Finance now available on selected properties. Email us for further information.

    Profile photo of MikalHowardMikalHoward
    Participant
    @mikalhoward
    Join Date: 2013
    Post Count: 48

    Hi Richard,

    Thanks for the response. Roma’s stats look good and stable. Are you saying its not a place to consider at all. All current and futures investors should forget Roma?

    What are your suggestions for better places to invest and why?

    Thanks.

    Profile photo of BelindaCBelindaC
    Participant
    @purplebel
    Join Date: 2014
    Post Count: 9

    How did you go with Roma? I am looking into that area too, and a few other places around there such as chinchilla. Interested to know how you are going with it?

    Profile photo of Shiny_Suit_ManShiny_Suit_Man
    Participant
    @shiny_suit_man
    Join Date: 2012
    Post Count: 54

    I work in/Around Roma on a regular basis. I’ve had my eye on the area for quite a while, I would say the boat has sailed on capital gains but if you are looking for positive geared IP’s they are there. I don’t know how long that will remain that way for however.
    I know some CSG work has wells planned to be drilled for the Area for the next 30 years however that still doesn’t entice me to buy there. As for Chinchilla i’m not sure if it is worth getting in there at the moment either, i think it might be a bit late in the game in terms of the BOOM but same goes, Rent should be stable. Need to keep the protestors quiet and keep the rigs turning to the right so we can all make lots of money out there…. :-)

Viewing 5 posts - 1 through 5 (of 5 total)

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