QLD Is it best value is $500-600k and close to neutral gearing

What I have learned is ... Pretty much all of Brisbane is undervalued.
It'll have good growth in the next 5-10 years for sure.
So if you just want 1 property, then go to town in the middle ring, 10-15km from the CBD.
If you're looking at scaling and leveraging a portfolio fast, then you need to be more sophisticated.
Very few +ve cash flow in Brisbane with growth potential.
Good growth if you're prepared to go slightly negative gearing.
All the hard work and data is to pick short term growth and layer that with long term growth...

It seems the best value is $500-600k and close to neutral gearing, so appreciate some few suburbs to bit of research on.

 

Best mix of yield and growth you'll find at that price point is somewhere in Moreton Bay or an inner-middle ring townhouse.

I'd recommend looking at Kallangur/Strathpine/Bray Park/Lawnton and Petrie which are all on the train line or look at the redcliffe peninsula.

 

Noooo, not overpriced townhouse. Not units either. House and land. Lots in Logan!

 

Naaaahh.....my handsome blue face monkey amigo....Units/Town Houses in Brissie inner make sense now.....soon middle will also make sense. Get it whilst you can amigoes....

 

I'd prefer the 8-950k mark, free standing homes with some add value potential. Middle ring. Decent land size.

 

Hey!! Enough of the slurs about skin colour!!

Blue is on fleek!

So is Logan!

So are houses.

Units are NOT cool

 

A rising tide lifts all boats...never said Logan won't rise...just that some boats are more rickety so will take a while to get to cruising speed and may have to return to harbor if they start taking on water..if you get my drift.

As for units.....have a look at how fast Town Houses are now moving in terms prices within 10 klms of the city. Units will be next. I reckon they will move as well as houses in lower socio Logan...but time will tell.

 

CF+ would need to be 10% yield + all things considered?

 

Plenty in Perth....not at 10% but 5-6% for decent quality still on offer.

 

Probably closer to neutral cash flow with a paper loss at that yield., which is a chunk of Perth ATM.

 

Yes you are probably correct...but the asset quality you buy at say 500-700k is incredible in my view. I am fan of Perth at the moment...it is time.

 

6 months into a 2-year run, giddy up!

 

More I reckon....everyone thinks WA is one horse pony...Iron Ore........

They forgot about Navy bases (subs/frigates).....the SAS regiments.......Lithium...Rare Earths....etc ...etc....and now processing plants for Lithium/Rare Earths....courtesy of our Chinese friends belligrence.

 

I won't complain about that!

Lifestyle is decent here as well, cheers.

 

You guys have no idea how good it is....there.

 

Given the restrictione , any expert BA's in Perth?

 

We don't have any restrictions and yes decent BAs on the ground around the town.