Advice for home investment

Discussion in 'Where to Buy' started by Neha Thakur, 9th Dec, 2020.

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  1. Neha Thakur

    Neha Thakur New Member

    Joined:
    9th Dec, 2020
    Posts:
    2
    Location:
    Rothwell
    Hi everyone
    We are planning to buy land for our first home in griffin estate ( north Brisbane) . Can you please give your advice about the area or about future growth development in this area. thank you
     
  2. wylie

    wylie Moderator Staff Member

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    18th Jun, 2015
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    14,017
    Location:
    Brisbane
    Welcome to the forum. :)

    Will this be a house that. you live in, or an investment property?
     
  3. Lindsay_W

    Lindsay_W Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    5,065
    Location:
    QLD/Australia Wide
    If this is a new house and land package, future capital growth will be minimal for maybe 10 years or more.
    Lots of land being developed in the area and the land is typically sold above market value to First Home Buyers.
     
    Last edited: 9th Dec, 2020
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  4. Neha Thakur

    Neha Thakur New Member

    Joined:
    9th Dec, 2020
    Posts:
    2
    Location:
    Rothwell
    We will live in the house not for any investment property