QLD Just bought in Scarborough, QLD - you little beauty!

Discussion in 'Where to Buy' started by Taku Ekanayake, 24th Nov, 2016.

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  1. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    thanks you @fols !

    cheers @Newfast

    likewise buddy @Leo2413

    thank you @EN710!

    :D:D:D @larrylarry !
     
    Taku Ekanayake, 25th Nov, 2016
    #41
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  2. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    nothing worth noting yet. got to see how much equity i can pull from Salisbury and also after this one settles.

    haha @bob shovel i think you gotta career in the fine arts ;)

    thanks @Eric Wu - people like you make me reach higher!
     
    Taku Ekanayake, 25th Nov, 2016
    #42
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  3. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    @Angel cheers! haha that's the last thing i would hope for!

    interesting ... you just there also @Gockie ?

    thanks @vbplease! yep, a few new builds in the area. would have to do some futher digging for how much new 4,2,2 would go for. tbh I didn't have too much time to do a thorough research. it was a very opportunistic buy.

    thanks buddy! get immersed in this place @Scott85 - great content!
     
    Taku Ekanayake, 25th Nov, 2016
    #43
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  4. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    haha @Angel Maccas it is!

    @2FAST4U they've hurt us all severely!

    thanks @willair ! it's 390m2.

    cheers @Alfiesausagedog ! not sure if human or dog i'm speaking to? ;)

    cheers @Karina! good to know :)
     
    Taku Ekanayake, 25th Nov, 2016
    #44
  5. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    I will be uberring around town tonight and tomorrow - holla!

    cheers @Whitecat !!

    glad to hear it @apk - thanks!

    yep, I get that sense too. thanks @Tonibell !
     
    Taku Ekanayake, 25th Nov, 2016
    #45
  6. dabbler

    dabbler Well-Known Member

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    Funny to see some forum members showing interest again in Bris, I was starting to look at the ads again recently too, but only window shopping after a seemingly flat spell.

    How come you went there now Gockie ? as opposed to not 12 months ago.
     
    dabbler, 25th Nov, 2016
    #46
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  7. larrylarry

    larrylarry Well-Known Member

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    FOMO
     
    larrylarry, 25th Nov, 2016
    #47
  8. Alfiesausagedog

    Alfiesausagedog Well-Known Member

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    [​IMG]
     
    Alfiesausagedog, 25th Nov, 2016
    #48
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  9. Gockie

    Gockie Life is good ☺️ Premium Member

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    Hmmm.... most of blocks when I went up to see them last year are only 10m wide, feels a bit squished in and not overly appealing. But this time I found a great one that's 15m wide, Next Gen zoned so I can build up to 12 metres, quiet street, (beach at the end of the street!) so I was happy to make an offer on it.
    I'm not sure the uni at Petrie was on the horizon before making my previous Brisbane purchase either.

    I feel the Redcliffe peninsula has a lot of potential with the new train line and really, there are very few beach and bayside areas in Brisbane... just get as close to the beach as you can.
    So assuming this settles I will have one in each north and south. I am yet to go unconditional on this one though.

    Ps. Birkdale, Wynnum, Manly et al are still awesome areas too :)
     
    Last edited: 25th Nov, 2016
    Gockie, 25th Nov, 2016
    #49
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  10. Gockie

    Gockie Life is good ☺️ Premium Member

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    I had a look in Melbourne but didn't end up purchasing. Was looking Dev sites. I think ordinary buy and hold won't cut it.
     
    Gockie, 25th Nov, 2016
    #50
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  11. Angel

    Angel Well-Known Member

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    Maccas? I was thinking Moreton Bay Boat Club
     
    Angel, 25th Nov, 2016
    #51
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  12. Gockie

    Gockie Life is good ☺️ Premium Member

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    Hear hear. A lovely suggestion Angel. ;)
     
    Gockie, 25th Nov, 2016
    #52
  13. wombat777

    wombat777 Well-Known Member

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    Well done! Zoning?
     
    wombat777, 25th Nov, 2016
    #53
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  14. chindonly

    chindonly Well-Known Member

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    Nice! Pics / linky?
     
    chindonly, 25th Nov, 2016
    #54
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  15. Phantom

    Phantom Well-Known Member

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    You've done it again @Taku Ekanayake. Great work. You're well and truly on fire now. :)
     
    Phantom, 25th Nov, 2016
    #55
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  16. +men

    +men Well-Known Member

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    Apparently the QLD land tax doesn't stop you buying there. I have hit the 600k threshold too, which makes me hesitate to buy another in QLD
     
    +men, 26th Nov, 2016
    #56
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  17. Ko Ko Naing

    Ko Ko Naing Well-Known Member

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    I don't know anything about the area. But reading through the comments, I believe you've made serious $$$ on day 1. Congrats, mate!!! Awesome stuff with BMV!
     
    Ko Ko Naing, 26th Nov, 2016
    #57
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  18. Sonamic

    Sonamic Well-Known Member

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    Even at 900k the land tax is only $3,500. If your yield is good enough this should be covered and it's deductible.
     
    Sonamic, 26th Nov, 2016
    #58
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  19. ndpjai

    ndpjai Well-Known Member

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    Well done @Taku Ekanayake I'm very excited and happy for you.

    Even I was thinking for the last 12 months before committing buy in Brisbane due to interstate property investment

    Bought one in September in mitchelton and loved the place and surroundings. Now another one due to be settled next week in ferny Grove. Imo Brisbane has got lots of potential over Sydney and Melbourne

    Good luck everyone.
     
    ndpjai, 26th Nov, 2016
    #59
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  20. Taku Ekanayake

    Taku Ekanayake Well-Known Member

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    Thanks @wombat777 - I should know this but I don't
    Haha cheers @York !
    thank you @cherubym !

    nice one @ndpjai - you're on fire!
     
    Taku Ekanayake, 26th Nov, 2016
    #60
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