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QLD Cashflow positive Suburb

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

  1. TonyE

    TonyE Member

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  2. Icarus

    Icarus Active Member

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    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
  3. FireDragon

    FireDragon Well-Known Member

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    The link works for me. The rental yield for the suburb is 6894.4% ! :eek::eek::eek:
     
  4. Icarus

    Icarus Active Member

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    Just re-loaded. $358k per week rent on average. Not bad!

    I stand corrected! :) Buy, buy, buy!
     
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  5. Redwood

    Redwood Well-Known Member Business Member

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  6. miked

    miked Well-Known Member

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    Same. 385k a week is no good, will pay too much tax on it.
     
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  7. Big Will

    Big Will Well-Known Member

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    Meh I don't care about the CG with that rent/yield, it would out perform Sydney easily.
     
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  8. Big Will

    Big Will Well-Known Member

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  9. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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  10. Azazel

    Azazel Well-Known Member

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    I'll take the whole suburb, where do I sign?
     
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  11. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

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    11 home sales in a 12 month period? Hi probability that you won't make your money back.
     
  12. TonyE

    TonyE Member

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    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......
     
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  13. miked

    miked Well-Known Member

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    Tony this is the internet. You don't need to open links to know what's going on in an article.
     
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  14. Azazel

    Azazel Well-Known Member

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    Oops, you beat me to it.
    You're now the richest person in the world.
     
  15. dabbler

    dabbler Well-Known Member

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    You all missed the best part.....demand likely to go UP...is only average now...... :):):)
     
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  16. Big Will

    Big Will Well-Known Member

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    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.
     
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  17. wobbycarly

    wobbycarly Well-Known Member

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    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
     
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  18. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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  19. Mortgage Capital Australia

    Mortgage Capital Australia Mortgage Broker & Private Lender Business Member

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    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,
     
  20. TonyE

    TonyE Member

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    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! :)
     
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