Brisbane Agents behavior

Discussion in 'The Buying & Selling Process' started by R.Brothers, 27th Dec, 2019.

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  1. Bhavesh

    Bhavesh New Member

    Joined:
    20th Dec, 2019
    Posts:
    2
    Location:
    Melbourne
    Hi Patrick, just curious - why would you recommend a house over a townhouse? Is it due to higher expected appreciation on land value over time vs depreciation in house value or is there more to it?
     
    Bhavesh, 6th Jan, 2020
    #21
  2. Sackie

    Sackie Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    25,059
    Location:
    Vaucluse, Sydney.
    I generally prefer houses in Brisbane because of the land content as well as the versatility of the asset being able to add value in many different ways.

    Also I personally believe the best overall dwelling type for Brisbane is a house followed by townhouse than a botique building unit.
     
    Sackie, 6th Jan, 2020
    #22
    kierank likes this.
  3. Patrick Bateman

    Patrick Bateman Well-Known Member

    Joined:
    12th Nov, 2017
    Posts:
    2,586
    Location:
    Brisbane
    You get capital gains on land so my strategy is to maximise the land component of any purchase as close to the city as possible .
     
    Patrick Bateman, 6th Jan, 2020
    #23
    ChrisP73 and kierank like this.
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