Very new to the Investment game and looking at options to invest in QLD Started doing some research and discovery on all the details of the game. It would be great if I can get suburbs which are set for growth in the future in QLD I live in Sydney and know the market here but unfortunately the market is out of reach for me now. Budget: 700 to 750K Thank you all in advance
There are a bunch of Brissie, GC and Sunny Coast burbs that have seen strong growth. After a beach unit or a city house ? ta rolf
750K will buy you a house comparatively close to the ocean in either Agnes Water or Hervey Bay. So good bang for your buck and excellent medium/long term growth potential too.
I am a big fan of Brisbane as a whole and what that market will do over the next few years. As Rolf mentioned, given the current market conditions there are quite a few suburbs to choose from. Given the lack of supply in the market, It may be worthwhile for you to consider multiple pockets of Brisbane to widen your pool of potential properties. Moreover, you may want to consider looking for properties around the 650-700k mark in order to give yourself room to negotiate as many properties are going above the listed price.
Any possibility to get brand new in that budget? Hopefully lockdown opens and can trVel for inspections etc.
I'm sure you could find many places within QLD where you could purchase brand new at or below that price range. Although, If your focus is on capital growth I would question why you would want to purchase something new?
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