Join Australia's most dynamic and respected property investment community

Any thoughts on Hendra?

Discussion in 'Where to Buy' started by Munga, 18th Dec, 2015.

Tags:
  1. Munga

    Munga Active Member

    Joined:
    20th Jul, 2015
    Posts:
    42
    Location:
    Europe
    Has anyone looked at Hendra as an area to invest in? I came across it on realestate.com the other day and see its close to Ascot but seems a lot lower price point?
     
  2. Whitecat

    Whitecat Well-Known Member

    Joined:
    3rd Jul, 2015
    Posts:
    1,088
    Location:
    Brisbane
    It has some commercial there is pretty close to airport. Would depend on the deal I guess
     
  3. Tekoz

    Tekoz Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    1,244
    Location:
    Sydney
    @Munga for some reason NAB mention Hendra as the risky suburb to invest this year.
     
  4. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,839
    Location:
    Brisbane
    yes, well positioned area close to downtown.
    Don't know, but id imagine lots of airport noise being so close to the airport?
    traditionally light industrial. Needs some gentrification, but that will almost certainly happen over time.
    Its huge advantage is the airport and CDB, but that also makes it very attractive for light industrial eg transportation/wharehouse companies. As land becomes more expensive, these companies will seek to move further out as they are land/space dependant. Id suspect the process has already stated of it getting more expensive, but the rest of brisbanae established residential suburbs will probably be more desirable for the majority of punters- especially for PPOR..id consider it for IP.
    And watch out for the Hendra virus...:) only kidding.

    Henipavirus - Wikipedia, the free encyclopedia
     
    Whitecat likes this.
  5. Munga

    Munga Active Member

    Joined:
    20th Jul, 2015
    Posts:
    42
    Location:
    Europe
    I wonder why that is? Has it had a fair run up already perhaps? i will go and have a drive around when I'm in australia next. not my suburb of focus but more curious than anything else
     
  6. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,473
    Location:
    Sydney
    No joke i think that actually has something to do with the lower price. When I was looking I immeditately scratched off Hendra and Gaythorne because of the names So that is one less buyer right there.

    Suppose it can't be as bad as living on Bumstead road in Logan. :p
     
  7. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    902
    Location:
    Melbourne
    First thing that came to my mind too... :oops:

    The Y-man
     
  8. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,918
    Location:
    Sydney
    Yeah... I keep thinking virus when I see the thread title. I am told it is where the horse virus first turned up and its dangerous to humans. (Might need to wikipedia it).
    Edit: yeah...
    The Hendra virus is named after this suburb, as it was the first place where the virus was detected, in September 1994

    Other Brisbane place names that sound weird at first to me are Lota, Runcorn.

    And I was seriously looking at buying a house in Mortdale in Sydney a few years ago to be the PPOR... but then I googled it and it unfortunately basically translates to Valley of Dead or Death...
     
  9. Bran

    Bran Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    3,214
    Location:
    At work
    A new craft beer joint just opened in Hendra. This to me is a good sign.
    Otherwise, for me it's too flat, too close to motorway, to industrial, and to many horses walking down the street at 4am.
     
  10. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
  11. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,839
    Location:
    Brisbane
    Hendra virus fatality rate for humans is 60% and 75% for horses. Accordi mg to Wikipedia.
     
  12. JDP1

    JDP1 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    2,839
    Location:
    Brisbane
    I think its unfortunate for yhe suburb. ..
    But over time, the stigma caused by name and association will decrease. Racecourse suburbs have done ok in yhe past..
     
  13. Tekoz

    Tekoz Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    1,244
    Location:
    Sydney
    Yeah like Randwick in NSW.
     
  14. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,390
    Location:
    Mt Druuiitt
    Was there not long ago. Patted the horses and spoke to an old dude there who claims he knew the Gibb brothers (Bee Gees).

    Reckons the BGs lived on some island nearby and lived in near poverty around 1960. They used to ride horses and carry BB guns.

    In Redcliffe there is street arcade dedicated to the BGs.
     
  15. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,677
    Location:
    Sid en e - olympic city
    They lived in Redcliffe area, the house they lived in still there......forgot to take some photos when there last....
     
  16. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,677
    Location:
    Sid en e - olympic city
  17. DiligentPM

    DiligentPM Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    443
    Location:
    Brisbane
    Hendra has experienced 7.6% growth in 2015 and located 10 km from CBD... ripple effect starting to happen for professionals buying there who are out of the Clay field affordability range as an example...gentrification and many splitter blocks happening...yield not high for rentals but growth will happen
     
  18. Munga

    Munga Active Member

    Joined:
    20th Jul, 2015
    Posts:
    42
    Location:
    Europe
    OK thats intersting to hear. thank you for the input.
     
  19. Munga

    Munga Active Member

    Joined:
    20th Jul, 2015
    Posts:
    42
    Location:
    Europe
    Are you guys managing properties in that part of town?
     
  20. DiligentPM

    DiligentPM Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    443
    Location:
    Brisbane
    Hi Munga

    Indeed we do - homes are rented within a week of proactive marketing if presented well and priced at market value.