Investing sentiment in Australia over the next 2 years [Poll]

Discussion in 'Property Market Economics' started by rizzle, 29th Jun, 2015.

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  1. HUGH72

    HUGH72 Well-Known Member

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    Why? Well from an outsider:
    City of over 1 million people, economy has some challenges but it is diverse, strong yields which mean positive cash flow immediately. Large price differental compared to the other capitals except BN. Economy fairly weak presently but pessimism means more opportunities IMO.Many areas have flat lined for 5+ years. Once the media and general population get on board the easy money will have been made. Many Sydney investors will be looking for a home for their CGs, the Sydney market is so large and influential this effect cannot be ignored
     
    HUGH72, 30th Jun, 2015
    #21
    S1mon likes this.
  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Some of the economic commentary just doesn't match what's happening on the ground.
     
    D.T., 30th Jun, 2015
    #22
    ej89 likes this.
  3. Azazel

    Azazel Well-Known Member

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    No crystal ball, but I don't like buying in hot markets.
    I would say Canberra and Townsville.
     
    Last edited: 30th Jun, 2015
    Azazel, 30th Jun, 2015
    #23
  4. Big Will

    Big Will Well-Known Member

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    Melbourne & Brisbane would be my considerations.

    My personal reasons I would only invest in Syd, Melb or Bris and atm I feel Syd has gone already.
     
    Big Will, 30th Jun, 2015
    #24
  5. MJS1034

    MJS1034 Well-Known Member

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    Northern suburbs of Brisbane and Sunshine Coast for me
     
    MJS1034, 30th Jun, 2015
    #25
    Tekoz likes this.
  6. radson

    radson Well-Known Member

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    Pete's blog is a daily read for me and for transparency purposes I have used his services to buy a townhouse in Brisbane,.
     
    radson, 4th Jul, 2015
    #26
  7. Rixter

    Rixter Well-Known Member

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    Good quality well located property located in Brisbane is the stand out for short to mid term CG.
     
    Rixter, 4th Jul, 2015
    #27
    Tekoz likes this.
  8. Arnoldus

    Arnoldus Well-Known Member

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    Bundaberg will remain stagnant for some time yet I think, we've got pretty poor demographics for CG and a lot of supply coming in the next 5 years or so. The nearly 5% increase in council rates was a bit of a kick in the teeth for home owners too.

    Brisbane, Sunshine Coast, and the Gold Coast are benefiting from some pretty hefty infrastructure projects, maybe that will translate into capital gains?
     
    Arnoldus, 5th Jul, 2015
    #28
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  9. Pistonbroke

    Pistonbroke Well-Known Member

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    Towny is always hot, Canberrrra runs hot and cold.

    For a cold market I would go in the shadow of Mt Wellington in Tassie.
     
    Pistonbroke, 5th Jul, 2015
    #29
  10. Azazel

    Azazel Well-Known Member

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    Cairns is pretty hot so I guess I broke my own rules already.
    Canbrrrrr does get hot for those 2 weeks of Summer.
     
    Azazel, 5th Jul, 2015
    #30
  11. HUGH72

    HUGH72 Well-Known Member

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    Where's Towny? I think you mean Brownsville or Townsburg.
     
    HUGH72, 6th Jul, 2015
    #31
  12. TyroneS

    TyroneS Well-Known Member

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    I reckon properties that cover it's own holding costs within 30km of Brisbane CBD and Adelaide.
     
    TyroneS, 6th Jul, 2015
    #32
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  13. DreamzUnlimited

    DreamzUnlimited Well-Known Member

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    +1
     
    DreamzUnlimited, 6th Jul, 2015
    #33
  14. Tekoz

    Tekoz Well-Known Member

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    Yes, that's when my R/E agent offered my Park Ridge QLD 4125 for a H&L Package under $400k.
    But then again it is not yet proven due to it is still new.
     
    Tekoz, 6th Jul, 2015
    #34
  15. D.T.

    D.T. Specialist Property Manager Business Member

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    Curious why you'd go in with preconceived emotions rather than letting the numbers speak for themselves?
     
    D.T., 6th Jul, 2015
    #35
  16. Befuddled

    Befuddled Well-Known Member

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    Have you done any research on 4125? Takes about 1minute to figure out its population demographics is terrible for growth. 54.8% not in the labour force. 46.8% of the people there are 55years old and above. Please...
     
    Befuddled, 6th Jul, 2015
    #36
    ej89 and Tekoz like this.
  17. Brady

    Brady Well-Known Member

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    Adelaide has out performed Brissy last financial year, be interesting to see if it does the same again this year.
    So far on the ground, another flat out month.
    Still can get developable blocks <15km from CBD for <$400k with 5%+ yield, not too many places Australia wide you can say that.
    Happy for Adelaide to keep ticking along, doing it's thing. If unemployment was to get <6-7% and the media was to get ahold of some postive sentiment... then look out
     
    Brady, 6th Jul, 2015
    #37
  18. D.T.

    D.T. Specialist Property Manager Business Member

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    Unemployment isn't any worse than Brisbane's
     
    D.T., 6th Jul, 2015
    #38
  19. Tekoz

    Tekoz Well-Known Member

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    @Befuddled Yes you are right mate, it is still too far away from everywhere. Hence 30 KM outside of Brissy CBD is not a profitable choice.
     
    Tekoz, 6th Jul, 2015
    #39
  20. Bran

    Bran Well-Known Member

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    John Henry, you are back in force. You have changed your tune 180 degrees within the hour. That is NOT due diligence man!
     
    Bran, 15th Aug, 2015
    #40
    ej89 likes this.
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