QLD Brisbane up to 930k budget - Where to buy

Hi yesterday I had posted regarding buying two properties in Perth but today hubby is keen to check back brisbane for a 930k budget. Where would you recommend ? Purely for capital growth so yield is not a problem.

Editing to add that based on my research we are considering Ferny hills ,ferny grove on the west side and birkdale on the east side. Are these good options?

 

Both Ferny's are good in my opinion.
930k also buys a lot in Aspley

 

Keperra. Next to mitchellton so gets dragged up. Good long term growth. 10-12km from the cbd

 

Thank you …yes just saw that thanks for that suggestion…what is ur advise on north lakes

 

Thanks yes though not sure if will get something decent without lot of work to be done

 

McDowall, Carseldine maybe

 

My tip ... consider what Brisbane will be like 10 years from now. Don't just look at Brisbane as it is today. Our city is changing rapidly. Property investing in most instances is a long term proposition so you always should be considering the end game. This is so important to consider when it comes to location selection. Every suburb is different so you have to consider what makes one better than another. Things to consider are those that contribute to the local drivers of supply and demand such as demographics, vacancy rates, land zoning, accessibility, lifestyle etc.

 

Have you considered Upper Kedron, next to Ferny Grove? Totally family oriented streets and one of the safest suburbs of Brisbane, newer houses and within proximity to FG train and upcoming shopping centre, but you might have to stretch your budget little to get something there

Good luck!

 

I have a house in Birkdale, great quiet place and close to the water. Just looked at the suburb medians. Holy ****, my gosh....

 

For investment I think Brisbane's had it's run. Maybe it will go up another 5% or something but I don't think there's big gains left in this cycle.
I think your Perth idea is better

 

I'd aim for a developable block in a decent area in Perth, wait out the current labour issue in Perth and then develop when you had enough cash.

Here's an example but you'd have to do proper research, can council etc (I just took a cursory look at it being R40 and over 500sqm), to see if setbacks etc would be feasible to build another house at the back, subdivide and bring the front house up to snuff:

https://www.domain.com.au/129-grand...tm_source=Android app&utm_medium=sharelisting

There will be others on the forum with experience in this in Perth.