QLD How would you compare Petrie 3'1 vs Goodna 4'2

Jesus, just how many murders are there in Woodridge?

 

11 times as many as Ipswich apparently.

 

and where do we get this figure from? your work? your above links?

 

That seems like a lot. Ipswich is a city/town, Woodridge is a suburb: per capita?
Over how many years?

 

Didn't I post an article earlier? Latest stats (i also provided that link) show 2.5 times the murder rate of Ipswich. Things may be improving...
Logan is still very violent and very dangerous.
Let's not sugarcoat it.

 

Now you're saying 2.5x. Previous to that you said 11x. That's shiiiitcoating

 

Some thing to take note if we're comparing LGA/Districts using QLD crime data.

Population:

• Logan District has 290,000
• Ipswich District has 180,000

2015 Homicide and All Offenses:

• Logan District has 2 reported Homicide & 37,000 All Offenses
  
• Ipswich District has 1 reported Homicide & 22,000 All Offenses

However if you look at Gold Coast with a much bigger population of 515,000

• Gold Coast has 10 reported Homicides & 54,000 All Offenses in 2015

The argument here is when Ipswich population grows from 180,000 to 290,000 in the future, do you not expect the number of offenses count to increase as well? Isn't it all relative is the question I am asking...

 

Hmmm, seems you are just out of one ran by the person who liked your post.

Enjoy, dont be jealous.

 

I find it hilarious that a lot of Southerners (mostly from NSW) are educating the Brissie people about how places like Kingston and Woodridge are safe!

Well if that is the case ...then please be my guest and actually get your backsides there on certain streets after dusk on some of these areas. Particularly on a Friday or Saturday night! Better still if you are not of dark complexion...please be my guest....

Not all of Logan is bad...but the amount of social disadvantage in these suburbs will not be removed in 1 or 2 generations. Also these suburbs are pretty soulless and have not major redeeming values - i.e. not near water.

I guess these religious arguments are exactly that...lets have a chat in about 5 years.

I am here to double net worth to $20m plus in the next 6 years...and I can categorically say Kingston and Woodridge would not be part of my strategy...though there are places in Greater Logan which would fit my critieria!

 

I just bought a 3'1 in Bray Park recently. Ex-HC. Picked up for around 310k in March and rents for 330/w so im -CF by about $40/w before tax.

I started out determined to get +CF but decided to pull the trigger because I felt at that price it was undervalued and I was making $$ on the way in.

I subscribe to the belief it doesn't matter where you buy as long as the numbers work enough for you to hold the thing until the proverbial tide comes in. I would just try to stay flexible and look for 'deals'.

Whether you're buying because its got monster +CF or because like me, it was undervalued compared to the median. Each deal will have its positives and drawbacks. Only you can judge what you are willing to compromise. It's probably not going to be the 1st and last IP you buy so in the grand scheme of things it won't really matter in the long run because as you grow your portfolio the numbers should even out.

To answer the OP question, I would let your current position determine your purchase. If you can spare the 2k/year go Petrie for the projected +CG. If strapped for cash, go Goodna. Either way you will make money eventually...

As long as you can hold on

 

I just don't get it. People clearly declared that they have no interest in suburbs like Kingston, Woodridge and Mt Druitt........yet they mention these suburbs over and over again in this forum, more than their Wife's name....

 

Ok no problem, I'll see you on the dance floor...with all that money and equity I'm sure you can still click your fingers and.....

 

Gee boys....it working....the masses are leaving Kingston and Woodridge...when are you boys coming over to Moreton Bay??

*Click*....oh look...another 50k.

 

Woop Woop!

And pushing and pulling! And
Pushing and pulling ...Comon ladies lets see your 5% per annum!!!

 

.

 

Gees Sash..... what happened to Strathpine house median last year? It went backwards -2.2% while Logan did an average 10% increase...
and last 2 years MOST Brisbane suburbs did 15-25% increase in MEDIAN, but Strathpine seem increase 7% for the last 2 years...


People made 20% in Logan/Kingston increase in last 2 years, may able to pull equity and buy in Strathpine...

 

Wh

Whats the source of this dodgy data?
I am tracking the prices since @sash 's purchase and have not been able to get (even see) anything at that price.

The reasons can be:
1. Cheaper properties selling quickly due to demand.
2. A lot of reno and sells.
3. More demand in below median priced properties.

Where can i see this data you always refer to. I hope it is not exclusive.

Regards

 

PRICE FINDER, public information.

 

Is that a paid version to access public information. I could not see any such information there?

 

Apparently "owner" information is only available on the paid version, the API subscription is limited. Not sure why.