Join Australia's most dynamic and respected property investment community

QLD Cashflow positive Suburb

Discussion in 'Where to Buy' started by TonyE, 5th Aug, 2015.

Page 1 of 2
  1. TonyE

    TonyE Member

    Joined:
    18th Jun, 2015
    Posts:
    17
    Location:
    Cairns
    TonyE, 5th Aug, 2015
    #1
    FirstTimeBuyer, Kael, TDITD and 2 others like this.
  2. Icarus

    Icarus Active Member

    Joined:
    17th Jul, 2015
    Posts:
    30
    Location:
    QLD
    It's not really a suburb, it's a small town stuck between Gatton and the Toowoomba range.

    BTW, your link above didn't work for me?
     
    Last edited: 6th Aug, 2015
    Icarus, 6th Aug, 2015
    #2
  3. FireDragon

    FireDragon Well-Known Member

    Joined:
    31st Jul, 2015
    Posts:
    171
    Location:
    Australia
    The link works for me. The rental yield for the suburb is 6894.4% ! :eek::eek::eek:
     
    FireDragon, 6th Aug, 2015
    #3
  4. Icarus

    Icarus Active Member

    Joined:
    17th Jul, 2015
    Posts:
    30
    Location:
    QLD
    Just re-loaded. $358k per week rent on average. Not bad!

    I stand corrected! :) Buy, buy, buy!
     
    Icarus, 6th Aug, 2015
    #4
    TonyE likes this.
  5. Redwood

    Redwood Well-Known Member Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    418
    Location:
    Melbourne
    Cashflow positive - maybe, what about capital growth? regional area, wouldn't touch it.

    Cheers Ivan
     
    Redwood, 6th Aug, 2015
    #5
  6. miked

    miked Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    75
    Location:
    Melbourne
    Same. 385k a week is no good, will pay too much tax on it.
     
    miked, 6th Aug, 2015
    #6
    Icarus and TonyE like this.
  7. Big Will

    Big Will Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,869
    Location:
    Melbourne, Australia
    Meh I don't care about the CG with that rent/yield, it would out perform Sydney easily.
     
    Big Will, 6th Aug, 2015
    #7
    TonyE and Esh like this.
  8. Big Will

    Big Will Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,869
    Location:
    Melbourne, Australia
    Big Will, 6th Aug, 2015
    #8
    HappyCamper, Azazel, TonyE and 1 other person like this.
  9. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

    Joined:
    19th Jun, 2015
    Posts:
    1,642
    Location:
    NSW
    Propertunity, 6th Aug, 2015
    #9
    Pins likes this.
  10. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,111
    Location:
    Brisbane
    I'll take the whole suburb, where do I sign?
     
    Azazel, 6th Aug, 2015
    #10
    Leo2413 and TonyE like this.
  11. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,681
    Location:
    Melbourne, Nationwide
    11 home sales in a 12 month period? Hi probability that you won't make your money back.
     
    Peter_Tersteeg, 6th Aug, 2015
    #11
  12. TonyE

    TonyE Member

    Joined:
    18th Jun, 2015
    Posts:
    17
    Location:
    Cairns
    I think a few are not opening link, if the figures are correct (obv not) I would make my money back in 1 weeks rent, a 270k house is apparently renting for 18000000 a year......
     
    TonyE, 6th Aug, 2015
    #12
    miked likes this.
  13. miked

    miked Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    75
    Location:
    Melbourne
    Tony this is the internet. You don't need to open links to know what's going on in an article.
     
    miked, 6th Aug, 2015
    #13
    Icarus likes this.
  14. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,111
    Location:
    Brisbane
    Oops, you beat me to it.
    You're now the richest person in the world.
     
    Azazel, 6th Aug, 2015
    #14
  15. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    4,688
    Location:
    Sid en e - olympic city
    You all missed the best part.....demand likely to go UP...is only average now...... :):):)
     
    dabbler, 7th Aug, 2015
    #15
    York likes this.
  16. Big Will

    Big Will Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,869
    Location:
    Melbourne, Australia
    Sorry just got the NBN to extend out to the amazon rainforest which I had to pay for.

    Good news is I am connected again.

    I haven't had any capital growth but I will hold out until then I will just have to keep collecting the rent. The portfolio is only slightly positive gear after my NBN antics.
     
    Big Will, 7th Aug, 2015
    #16
    Azazel likes this.
  17. wobbycarly

    wobbycarly Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    289
    Location:
    Geelong
    Actually, in this case, yes, you do.

    For those who have missed the point, another RE.com typo...
    upload_2015-8-9_17-2-37.png
     
    wobbycarly, 9th Aug, 2015
    #17
    TonyE likes this.
  18. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    2,554
    Location:
    Sydney & Gold Coast
    Clearly the next hotspot. Quick, alert the spruikers!
     
    Steven Ryan, 9th Aug, 2015
    #18
  19. Mortgage Capital Australia

    Mortgage Capital Australia Mortgage Broker & Private Lender Business Member

    Joined:
    20th Jun, 2015
    Posts:
    242
    Location:
    Brisbane
    Helidon is a town in the Lockyer Valley region of southeast Queensland, Australia. Helidon is located on the Warrego Highway, 106 kilometres (66 mi) west of the state capital, Brisbane, and 21 kilometres (13 mi) east of Toowoomba. The town had a population of 1,053 at the 2011 census.[1]

    Helidon is known in Queensland for its high quality sandstone, used extensively in private and public buildings in the state and elsewhere, including Brisbane City Hall, and sought after internationally for its quality, especially in China.[2] Helidon is also the location of a natural mineral spring[3] whose products were sold by the Helidon Spa Water Company.

    You are better off in Toowoomba itself,
     
    Mortgage Capital Australia, 10th Aug, 2015
    #19
  20. TonyE

    TonyE Member

    Joined:
    18th Jun, 2015
    Posts:
    17
    Location:
    Cairns
    Im starting to worry about all the Business members here.....Seems they finding it hard to understand the thread, THIS IS NOT A SERIOUS THREAD! :)
     
    TonyE, 10th Aug, 2015
    #20
    Humphrey, miked, Chrispy and 2 others like this.
Page 1 of 2