QLD Apartment within 5km brisbane City

Discussion in 'Where to Buy' started by Jungle, 28th Mar, 2022.

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  1. Jungle

    Jungle Well-Known Member

    Joined:
    22nd Feb, 2016
    Posts:
    104
    Location:
    NSW
    Hi Brain Trusts
    What are your thoughts on buying an apartment (2,2,1) within 5K's of CBD to be initially used as PPR and later using it as an IP?
     
    Jungle, 28th Mar, 2022
    #1
  2. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,977
    Location:
    Paradise
    We lived in apartment in Kangaroo Point for many years - great suburb close to CBD by ferry, walk to the Gabba, Southbank, Fortitude Valley, easy access to Freeway. Surprisingly peaceful too.

    And now is a good time to check which bits flood.
     
    Heinz57, 28th Mar, 2022
    #2
  3. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    • Spring Hill
    • Paddo
    • Milton
    • Bulimba
    • Hawthorne
    • New Farm
    • Teneriffe
    • West End
     
    Scott No Mates, 28th Mar, 2022
    #3
  4. Jungle

    Jungle Well-Known Member

    Joined:
    22nd Feb, 2016
    Posts:
    104
    Location:
    NSW
    The main question is
    a. Is it a good time to buy apartment within 5Km of CBD? with a budget of $540K
    b. Or better to buy a house close to CBD? with budget of $750K?
    c. Which option will have better growth?
     
    Jungle, 29th Mar, 2022
    #4
  5. Headlong

    Headlong Well-Known Member

    Joined:
    21st Sep, 2021
    Posts:
    394
    Location:
    Brisbane
    Units tend to not grow much.
    750k (house) also doesn't buy anything near the cbd
     
    Headlong, 29th Mar, 2022
    #5