Hi All, I'm a newbie to 'property chat' and to property investment. Hubby and I are looking and hoping to purchase our first IP, maybe second IP before Christmas in the South East area. We currently live in our PPoR. We are doing a lot of research in the Logan area. Thanks, looking forward to some replies.
Hi Monica, welcome. Congrats on starting your investment journey. I attached some link you may like to look at: http://www.propertyology.com.au/wp-content/uploads/2014/04/2015.01_Propertyology_Logan_Outlook.pdf http://www.nab.com.au/content/dam/n...t-report/australian-housing-market-report.pdf http://www.propertyobserver.com.au/...s-time-to-look-at-logan-city-terry-ryder.html http://investorschoice.com.au/wp-content/uploads/2014/01/Residex-LGA-Reports-Brisbane.pdf http://www.terryloftusrealestate.co...-Observer-Top-10-Hotspots-QLD-August-2014.pdf
Thank you Leo for this great info. Really appreciate you sharing the links, in particular the last link where Terry breaks down Qld areas for potential growth
Hi Azazel thank u for yr welcome. We've been looking at Logan based on new infrastructure and strong rental yield. We're also looking on the North side around 20k out from the Brisbane CBD along train lines. If you have any suggestions at all I would appreciate them.
Hi Azazel, our PPOR is in the western burbs of BNE, hubby and I have lived here for 20 years. I guess, we have been familiarising ourselves with Logan (Kingston, Woodridge, Slacks Creek) of late, have been briefly looking at North BNE (Nunday, Zillmere), parts of Ipswich (Chuwar, Augustine Heights) & Toowoomba (South and East). Properties with high rental yield and areas of demand and capital growth for the first few IPs, and then a few geared towards capital growth.
Logan certainly seems like a popular choice on here! I wonder what proportion of sales in the area are OO vs IP....
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