QLD Cashflow positive Suburb

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

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  1. TonyE

    TonyE Member

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    TonyE, 5th Aug, 2015
    #1
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  2. Icarus

    Icarus Well-Known 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
    Icarus, 6th Aug, 2015
    #2
  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:
     
    FireDragon, 6th Aug, 2015
    #3
  4. Icarus

    Icarus Well-Known Member

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

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

    Redwood Well-Known Member

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    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

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    Same. 385k a week is no good, will pay too much tax on it.
     
    miked, 6th Aug, 2015
    #6
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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.
     
    Big Will, 6th Aug, 2015
    #7
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  8. Big Will

    Big Will Well-Known Member

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    Big Will, 6th Aug, 2015
    #8
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  9. Propertunity

    Propertunity Well-Known Member

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    Propertunity, 6th Aug, 2015
    #9
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  10. Azazel

    Azazel Well-Known Member

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    I'll take the whole suburb, where do I sign?
     
    Azazel, 6th Aug, 2015
    #10
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  11. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    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

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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......
     
    TonyE, 6th Aug, 2015
    #12
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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.
     
    miked, 6th Aug, 2015
    #13
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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.
     
    Azazel, 6th Aug, 2015
    #14
  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...... :):):)
     
    dabbler, 7th Aug, 2015
    #15
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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.
     
    Big Will, 7th Aug, 2015
    #16
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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
     
    wobbycarly, 9th Aug, 2015
    #17
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  18. Steven Ryan

    Steven Ryan Well-Known Member

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    Clearly the next hotspot. Quick, alert the spruikers!
     
    Steven Ryan, 9th Aug, 2015
    #18
  19. Richard Taylor

    Richard Taylor Well-Known 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,
     
    Richard Taylor, 10th Aug, 2015
    #19
  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! :)
     
    TonyE, 10th Aug, 2015
    #20
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