Depends on the discount. We bought ip backing onto main road in excellent suburb. Was 25% cheaper than house 2 doors from main road so worthwhile...
I would not want to invest in a unit with body corporate fees over 2500 per year. Larger body corps will scare off investors when it comes time to...
I know your area well. You will eventually get a tenant and sometimes it is luck and timing as to how much vacancy you will have. Ours have ranged...
A lot of houses are overpriced right now in Brisbane. But if you are patient and prepared to add value something will pop up that will grow in...
I have noticed rents dropping for units and houses in inner west Brisbane. Older unit prices also dropping, about 10% drop so far. House prices in...
Is at a discount?
We bought a house like this but on a square block with house in the middle. No large yard anywhere on the property as a result. Not ideal but...
Maybe not 50%, but I am now seeing 10% drop in prices on some older units in the inner Brisbane area and predict up to 20% drop in price for older...
We did it for a year in Brisbane, wouldn't do it again.
Within 5km zone is inner city for me. We like the inner west of Brisbane but lots of units going up so will need to push hard for tenants the next...
Definitely affecting rent in inner city houses in Brisbane. We rent to students groups and young workers groups so our demographic is happy to...
Older units with lovely outlook or private courtyard and have big floorplan still selling well. Smaller units which look out to other buildings or...
Council is really strict on the measurements, even making you measure up to traffic lights for pedestrian access to cross busy roads.
That's good, be interesting to hear your feedback.
Have you visited the area? I sometimes deliberate for weeks on an area or house I see looks good on the internet. Most times it is a write off...
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