QLD FNQ / Ingham

Discussion in 'Where to Buy' started by MrCarnegie, 28th Oct, 2021.

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  1. MrCarnegie

    MrCarnegie Member

    Joined:
    12th Jan, 2016
    Posts:
    14
    Location:
    NSW
    Hi all,

    I’m looking to add a long term purchase to my portfolio with decent CF - I’m not expecting much CG from Ingham as the rate of growth is pretty stable for the last 10 years, but the rental yield isn’t bad at 7-9%. Anyone heard of folks investing in the Ingham area with success?

    Cheers,
     
    MrCarnegie, 28th Oct, 2021
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    Be aware of the parts of Ingham which flood eg centre of town always goes under.
     
    Scott No Mates, 28th Oct, 2021
    #2
  3. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
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    Location:
    Paradise
    Always lots of unit blocks for sale in Ingham, might skew high yield figures
     
    Heinz57, 28th Oct, 2021
    #3
  4. boganfromlogan

    boganfromlogan Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    3,332
    Location:
    Brisbane
    Avoid Ingham for investment opinion only.

    Son born there, so love the place BUT it is stable and / or shrinking. Locals work hard on lobbying and promotion.....mainly funded by government.

    Linked to fortune of sugar prices.

    Have a visit. We lived in Forrest Beach. Lots of rentals there.

    Opinion only
     
    boganfromlogan, 29th Oct, 2021
    #4
  5. wilso8948

    wilso8948 Well-Known Member

    Joined:
    23rd Jan, 2018
    Posts:
    569
    Location:
    NSW/QLD
    What's your budget?
     
    wilso8948, 29th Oct, 2021
    #5
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