Bray park for investment

Discussion in 'Where to Buy' started by simplevalues, 12th Nov, 2020.

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  1. simplevalues

    simplevalues Well-Known Member

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    Hi all,

    Looking at Bray park to get an IP.
    How is the rental potential in Bray park ?
    Prices seem very reasonable and within my budget.
    Also how is the potential for capital growth over next 5 to 7 years?

    thanks.
     
    simplevalues, 12th Nov, 2020
    #1
  2. George Smiley

    George Smiley Well-Known Member

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    George Smiley, 12th Nov, 2020
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  3. Codie

    Codie Well-Known Member

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    Hi simple.

    Many Many posts on all of the suburbs and area’s your mentioning with each new thread, if you use the search function you’ll be able to dig up a wealth of knowledge
     
    Codie, 12th Nov, 2020
    #3
    simplevalues likes this.
  4. boganfromlogan

    boganfromlogan Well-Known Member

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    boganfromlogan, 12th Nov, 2020
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  5. Mark

    Mark Well-Known Member

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    Mark, 12th Nov, 2020
    #5
  6. boganfromlogan

    boganfromlogan Well-Known Member

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    so the suggestion was really to evaluate maybe price via PT auction in the suburb of interest. So long as it isn't a mansion in paddo, PT auctions are a good surrogate for market value.
     
    boganfromlogan, 13th Nov, 2020
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  7. boganfromlogan

    boganfromlogan Well-Known Member

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    Well it has a price on it now - looks like auction was not successful ..... road noise? Does seem an OK price? Or is it a bit steep?
     
    boganfromlogan, 12th Dec, 2020
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  8. George Smiley

    George Smiley Well-Known Member

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    Road noise and it needs a lot of work. Did check and it's not in flood zone either. At least that section of Samsonvale Road is only one lane in either direction but that may not mean much considering the development that might occur to the west towards Joyner in the future.
     
    George Smiley, 12th Dec, 2020
    #8
  9. George Smiley

    George Smiley Well-Known Member

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    Last edited: 12th Dec, 2020
    George Smiley, 12th Dec, 2020
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  10. simplevalues

    simplevalues Well-Known Member

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    Thanks codie...yes managed to go through few and liking few suburbs around this area...
     
    simplevalues, 22nd Dec, 2020
    #10
  11. simplevalues

    simplevalues Well-Known Member

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    Guys managed to get quite good info from all the posts here ...I liked Petrie and griffin so far...which one would be better for long term investment?
     
    simplevalues, 22nd Dec, 2020
    #11
  12. Closet

    Closet Well-Known Member

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    Have a look at the suburbs in that area closer to bcc that are land locked, larger blocks, higher avg incomes, good schools and higher oo %. They are the ones out performing the others and not dependent on investors.
     
    Closet, 23rd Dec, 2020
    #12
  13. Mark

    Mark Well-Known Member

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    For this price, you can get something with similar conditions in a quiet street. I have been to that road, it is a busy road although not the worst.
     
    Mark, 25th Dec, 2020
    #13