QLD Brisbane Questions

Ill take a day time photo from the same position
We just need the painter back to do the rest of the house now

 

Ta Bran. Agree with Wylie on the bigger room. Just a question. Does that fretwork match with the rest of the house (interior/exterior)?

 

Yep, and as far as I know (from the 1930s owners, it is original)

Here's a better one to compare

 

Nice pad @Bran

 

Hang on....where have I seen that house before...the floorboards are the same as this:
Sold Price for 1 Palm Avenue Ascot Qld 4007
hmmmmm..........

 

Hehe. Good one JDP! Same property.

 

That pool. omg.

 

Love love love Auchenflower and surrounding suburbs. We have IP there as do other family members. New Frew park is awesome, Wesley hospital is huge and Milton state school is one of the best primary schools in Brisbane and has a very strict catchment. Rosalie and Paddington restaurants are very vibrant plus walking distance to train, Suncorp stadium and city. Near Toowong Village shops which are newly renovated.

 

Looks good.
Was that a dining room back there before?

 

Not sure what you mean. The partition was used to create a 'study nook' and block space and natural light. I have no idea why.

 

Hey @pommy, my wife and I were in a very similar situation to you about 6 months ago. Newbie investors looking for IP1 and thinking about investing in Brisbane (though we are living in Sydney).

We did one scouting trip a few months ago to drive around the areas we were interested in, and then one trip about 1 month ago to look at specific properties. All the while we did a lot of research online and made a lot of phone calls to agents, etc. On the last trip we ended up putting in an offer which got accepted, and we just went unconditional over the weekend!

All this is to say that it can be done if you put in the work and do the research. I will say that it is VERY important to have a good team around you. Our property manager and broker visited the properties with us on the second trip, and having their trusted advice along the way was crucial in our journey.

Feel free to PM me if you want any more info about our journey. All the best!

 

You have to understand the flood maps and also speak to locals if not sure.

 

@pommy, I also forgot to mention that it'd be worth making sure you've got a handle on the process of buying a property in Queensland - it is quite different than in NSW and knowing the ins and outs of the process in Queensland can really help you as a buyer.

 

It probably depends on how quick you pick things up and how well you can see potential or value that others may see, this is probably not linked to investment experience, just like some people have good decorating taste and others are horrid at it.

May take more than one weekend unless you focused on one or two suburbs.

 

Ah, study nook.
I thought it might have been used as an enclosed dining room.

 

Paddington would be a great area to buy, in my opionion. Lovely area, close to city, nice cafes etc. All appealing to people in then 30-45 year demographic which typically lead he biggest price gains in property due to spending power.

 

It's a pretty nice spot.
Extra points for being within staggering distance of Caxton St and Suncorp stadium.