QLD Brisbane looks good

Discussion in 'Where to Buy' started by Steven Ryan, 19th Jun, 2015.

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  1. Azazel

    Azazel Well-Known Member

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    Hi Gockie, why do you think Brisbane logically goes before Canberra?
     
    Azazel, 22nd Jun, 2015
    #81
  2. TyroneS

    TyroneS Well-Known Member

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    Once the mass media, e.g Channel 7, 9 and 10 start talking about Brisbane and having experts give their recommendations it would be already too late.. best to get in sooner than later I would think..
     
    TyroneS, 22nd Jun, 2015
    #82
  3. Gockie

    Gockie Life is good ☺️ Premium Member

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    Canberra's very cyclical with government... Labor's all about "more public servants!" Liberals are "lets cut back on Public Servants".
    I did toy with the idea of buying a Unit in Queanbeyan as they can be dirt cheap but then I also thought, well, I'll be hitting NSW land taxes soon.

    I dunno... Queensland/Brisbane with the water.... nice sunny warm escape in Winter...
    there's really no beaches in Canberra.... maybe Sydneysiders are more coastal folk?My sister lived in Wagga for a few years and its gets very hot and cold temperature wise. In Sydney winter is pleasant most of the year. In Wagga it gets down to say 2° in the evening. Wagga is not that far from Canberra climate wise. She was driving up to Sydney on about a fortnightly basis for weekends...
     
    Gockie, 22nd Jun, 2015
    #83
  4. Azazel

    Azazel Well-Known Member

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    The 'experts' have been talking it up for ages. And they've known about it up North for quite a while too:
    http://www.couriermail.com.au/news/...s-housing-market/story-fnihsrf2-1226762129823
     
    Azazel, 22nd Jun, 2015
    #84
  5. Biz

    Biz Well-Known Member

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    Gockie, Canberra has its own land tax. Its not part of NSW.

    No land tax threshold in ACT though.
     
    Biz, 22nd Jun, 2015
    #85
  6. Gockie

    Gockie Life is good ☺️ Premium Member

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    I was thinking of buying in Queanbeyan as it was cheap....
    Stock standard Canberra property is 400k and more. Queanbeyan unit you could get change from 200k.
    In Brissie think you can still buy good value near the water for not too dissimilar money to a regular Canberra house.
    The problem with the cyclical nature of Government is that once they sack heaps of Public Servants, who is going to rent your property?
    Anyway, i'm definitely no expert on Canberra, I usually just visit it once a year for the purpose of volleyball. Nothing else...
     
    Last edited: 22nd Jun, 2015
    Gockie, 22nd Jun, 2015
    #86
  7. Azazel

    Azazel Well-Known Member

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    Ooh, dodged a bullet there. Canberra would be a better pick than Qbn, but units aren't going so well in Canbrrr either. I still keep an eye on Jerrabomberra too.

    I know, that's why I moved from Canbrrr to Brisbane :) Canberra has a big difference between hot and cold as well.
    Plenty of suburbs seem to be taking off in Canberra (houses) at the moment. Imagine how it would be going if it had the hype behind it that Brisbane does.
     
    Azazel, 22nd Jun, 2015
    #87
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  8. Azazel

    Azazel Well-Known Member

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    Someone mentioned that stamp duty is deductible because of the 99 year lease thing...
     
    Azazel, 22nd Jun, 2015
    #88
  9. Gockie

    Gockie Life is good ☺️ Premium Member

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    That might well be true!
     
    Gockie, 22nd Jun, 2015
    #89
  10. Michael_X

    Michael_X Mortgage Broker Business Member

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    Like the Somersoft minibus from this weekend? Haha

    Snap below from the auction we attended - http://www.realestate.com.au/property-house-qld-wishart-119853793

    Sold for $517,000. Someone from our group was bidding $480,000 on it. Very good turnout, around 8 active bidders and over 100 people attending the auction.

    [​IMG]
     
    Michael_X, 22nd Jun, 2015
    #90
    Jacque, Fielding, cenz and 11 others like this.
  11. wombat777

    wombat777 Well-Known Member

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    Wondered when you would make an appearance here. Welcome!
     
    wombat777, 22nd Jun, 2015
    #91
  12. bobbyj

    bobbyj Well-Known Member

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    When's the next trip to Brissie?? I want in!
     
    bobbyj, 22nd Jun, 2015
    #92
  13. Gockie

    Gockie Life is good ☺️ Premium Member

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    If there is a minibus, I may join! I was thinking of flying up for the weekend of 4-5 July.
     
    Gockie, 22nd Jun, 2015
    #93
  14. Michael_X

    Michael_X Mortgage Broker Business Member

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    Haha, thanks :) Good to make the move across!

    Been flat out past few days. Writing a few posts to update on recent deals etc, posting soon.
     
    Michael_X, 22nd Jun, 2015
    #94
  15. larrylarry

    larrylarry Well-Known Member

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    I would be interested!
     
    larrylarry, 22nd Jun, 2015
    #95
  16. RetireRich101

    RetireRich101 Well-Known Member

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    517k not a bad purchase for Wishart. catchment area in one of the top 5 school: Mansfield State High School.
     
    RetireRich101, 22nd Jun, 2015
    #96
  17. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Nice pic there Michael. Familiar faces
     
    Property Twins, 22nd Jun, 2015
    #97
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  18. Gockie

    Gockie Life is good ☺️ Premium Member

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    Speaking of familiar faces, I haven't seen Mona Lisa yet
     
    Gockie, 22nd Jun, 2015
    #98
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  19. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    As in? She's around @monalisa
     
    Property Twins, 22nd Jun, 2015
    #99
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  20. Michael_X

    Michael_X Mortgage Broker Business Member

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    It needed around $30,000 done to it, on a slope too.

    Lots of locals and families bidding at the auction. Who by an Asian family - so I am sure Mansfield State High was part of their consideration.

    Cheers,
    Michael
     
    Michael_X, 22nd Jun, 2015
    #100
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