QLD Brisbane H&L package suggestions

Discussion in 'Where to Buy' started by hpresident, 17th Jul, 2017.

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  1. hpresident

    hpresident Well-Known Member

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    Hi All,

    Currently a buy and developed type investor looking to venture into the H&L package strategy area which plenty of members here have succeeded especially doing so Melbourne.

    Now I may have missed the boat in Melbourne, but Brisbane seems to be in the upswing. I know the various areas around Brisbane fairly well, but so far not able to find a estate that is not over priced :(

    Question, recommendation on fairly priced estates around the Brisbane area? (including Brisbane, Ipswich Logan Gold Coast Sunshine Coast and Moreton bay areas)
     
  2. Connor

    Connor Well-Known Member

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    I wouldn't say you've missed the boat in Melb, I just put together a deal for my brother last week which will see him pick up about 50k equity on completion and return abit over 5%..That's without any market growth.

    What areas in Bris have you looked at? What were the prices like that seem to be overpriced?
     
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  3. Whitecat

    Whitecat Well-Known Member

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    I think you can do better buying established.
     
  4. hpresident

    hpresident Well-Known Member

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    I have been looking all over Brisbane, below are my opinions on various estate:
    Rochedale state - way over priced
    Stockland newport/various H&L packaged in the Morton Bay area: seems okay priced, but heaps of supply coming so not too sure regarding future capital gain.
    Pimpama - middle of nowhere
     
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  5. hpresident

    hpresident Well-Known Member

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    @Whitecat, I have got established properties as part of my investment portfolio. But after reading @sash post and his stories, I realised that there are definitely money to in H&L. I would like to have variety of strategies.
     
  6. andrew_t

    andrew_t Well-Known Member

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    What about estates around Caboolture and surrounds?
     
  7. Mcube

    Mcube Well-Known Member

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    What about estates around Heathwood?
     
  8. hpresident

    hpresident Well-Known Member

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    Not a big fan of the estates around heathwood. Heathwood is pretty much in the middle of no where, plus near by suburb Forest Lake hasn't performed so well in the last couple years.
     
  9. hpresident

    hpresident Well-Known Member

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    Haven't looked into Caboolture yet. What's you opinion about the area?
     
  10. abbyfresh

    abbyfresh Well-Known Member

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    Caboolture has over supply of new and recent builds for sale. To buy there it needs to be with a twist that can or does provide much better returns than the average place. That is the challenge or don't go near the area.
     
  11. andrew_t

    andrew_t Well-Known Member

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    I don't have enough evidence to give a decent opinion at current :)

    Have a look here, there is some good info on the moreton bay region http://profile.id.com.au/moreton-bay/
     
  12. jaybean

    jaybean Well-Known Member

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  13. RetireRich101

    RetireRich101 Well-Known Member

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  14. RetireRich101

    RetireRich101 Well-Known Member

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    Upper Kedron 12 KM from CBD Home
     
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  15. jaybean

    jaybean Well-Known Member

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    You think that's a 200k build? Some of the finishings look pretty high end!
     
  16. beachgurl

    beachgurl Well-Known Member

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    There's usually money in it when you get into a very early stage of an estate. Developers usually increase their land prices at every stage, so if you buy in at stages 1-4 of a 12 stage estate, you'd have good prospects that your land value has increased by the time the construction is complete.

    So I don't think it's limited to location. You can apply this principle anywhere there is demand for house and land packages.
     
  17. Knights of Ni

    Knights of Ni Well-Known Member

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    You could buy 2 x H&L packages in Victoria for $600-700k approx..... don't know why you think you've missed the boat. (as if there ever was a property boat!).
     
  18. jaybean

    jaybean Well-Known Member

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    Oh, there's a boat alright. A luxury boat with my name on it when all is said and done. And I don't even like boats.
     
  19. hpresident

    hpresident Well-Known Member

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    @Knights of Ni Haven't looked into Melbourne H&L package too much yet, care to share locations and estates ?

    My original idea was to combine two different strategies one timing the market and two creating equity throw H&L packages. Since it seems like Brisbane is still in the rising part of the market and that Melbourne has peaked, it would make more sense to do H&L deals in Brisbane.
     
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  20. RetireRich101

    RetireRich101 Well-Known Member

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    I am allowing $1300 per SQM build turn key. It's Aushomes so that should do it, with some spare change.