NSW Advice needed!

Discussion in 'Where to Buy' started by natalie86, 26th Aug, 2015.

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  1. Chris White

    Chris White Well-Known Member

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    I will tell you after we have finished buying them for our clients. ;)
     
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  2. larrylarry

    larrylarry Well-Known Member

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    Sure.
     
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  3. wombat777

    wombat777 Well-Known Member

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    Keep an open mind. You don't need a site within 20km of the CBD. Focus on fundamentals like good transport connections, proximity to shops/schools, gentrification, new infrastructure.

    Some outer-suburban councils around Brisbane have better planning codes that support dual-occupancy. You don't necessarily need a traditional splitter block. You just need to buy in an area with the right zoning.

    A buyers agent will help if you don't have on the ground knowledge or the time to visit yourself.
     
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  4. spludgey

    spludgey Well-Known Member

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    Next time I have a question that I need urgently answered, I might show a bit of cleavage too and it'll be solved in no time!
    It doesn't matter if it's a little bit hairy, does it? ;)
     
  5. Azazel

    Azazel Well-Known Member

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    I'm guessing you'd have to pay for that kind of info ;)
     
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  6. bob shovel

    bob shovel Well-Known Member

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    Early on i made the decision to hide my identity, it's just not fair to others who want their questions answered!
     
  7. larrylarry

    larrylarry Well-Known Member

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    Hmm... let me get the current deal done and dusted first before looking into Brissie.
     
  8. Azazel

    Azazel Well-Known Member

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    Where are you dealing at the moment Larry?
     
  9. larrylarry

    larrylarry Well-Known Member

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    Just a small property outside Sydney, nothing flash...will post more info later.
     
  10. Azazel

    Azazel Well-Known Member

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    South? North?
    Don't make me get my winkle-picker ;)
     
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  11. HUGH72

    HUGH72 Well-Known Member

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    Brooke call me Bob?
    No need to be modest. ..aaah....Bob.:p
     
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  12. Azazel

    Azazel Well-Known Member

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    Wait, Bob is really Brooke?
    Bob, come for a coffee with me pleeeeeeeeze?!?
     
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  13. Inov8ive

    Inov8ive Well-Known Member

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    Very interesting reading this thread, kind of like a social experiment. I wonder if there would have been this much action if Natalie86 was an old fat guy instead? Which she may in fact well be, and if so, well played sir. Well played!
     
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  14. bob shovel

    bob shovel Well-Known Member

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    I'd be prepared to put money on it that it's a fake account, picked up the @'s and quotes well, plus some of the info stacks up but could be fabricated to target a wider audience. Asking all the right questions to draw people in... I'm onto you, whoever you are or aren't ;)
     
  15. bob shovel

    bob shovel Well-Known Member

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    We might Sim to add to the thread title NSFW (not safe for wife!)
     
  16. natalie86

    natalie86 Member

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  17. Nick Valsamis

    Nick Valsamis Well-Known Member

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    It's just the halo effect..
     
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  18. natalie86

    natalie86 Member

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  19. JDP1

    JDP1 Well-Known Member

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    lol.. you may be right..

    well...old bald guy or not, or whatever the case, we are here to help...so lets answer the op's question.
    From what I know, 400k, seeking more CG than yields. Sydney has done its CG dash in most cases, near top of market, and its gonna be tough to find high CG potentials for that price in Sydney unless you look at struggle st neighbourhoods. And I think with the impending rate rises sometime late next year, the struggle st areas will be harder hit. Why? 1. because they have a large investor [and thus likely rate sensitive] representation and 2. the incomes of the residents will likely not increase [or at a minimal rate] and higher rates will put pressure.
    Thus, I would look interstate, which the OP was/is open to. Probably a similar story in Melbourne, although there might be a bit more potentials there.
    Brisbane is the obvious contender and 400k can still get you a fair bit. Plenty of commentary on various threads about this.
    I personally would avoid all others, but that does not mean you cant make money there.
    As for asset type, with 400k, id be looking at 2 bedroom villas or TH, well serviced by public transport. The land [although not much]+ location will give the CG, and the location [ PT, amenities etc] will give the attractiveness to tenants for yields. Regarding OTP apartments which the OP was originally looking at, well again lots of commentary on the risks of that. You could look at 1-2 bed established apartments but they will likely be more yield plays than CG plays. There are some though that will have good CG potential [ usually larger, old, low BC, small complex], but will likely be snapped up immediately.
     
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  20. Azazel

    Azazel Well-Known Member

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    We'll probably read an article in one of the RE mags about an experiment posting a thread as a girl asking for advice where they got heaps of replies - and another one posting as Just_Bob, where they got nothing.
     
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