QLD Keperra, Ferny grove area

Discussion in 'Where to Buy' started by Thedoc, 30th Oct, 2019.

Join Australia's most dynamic and respected property investment community
  1. Thedoc

    Thedoc Well-Known Member

    Joined:
    7th May, 2018
    Posts:
    258
    Location:
    Newcastle
    Still my pick on the Northside of Brisbane within 10-12km under the $600k mark. Massively undervalued compared to mitchellton etc.

    After predictions on growth over the next 3 years. I’m thinking 15-20% total.

    What are people’s thoughts? Is there a better place to invest within 10-12km sub $550/$600k Mark north or Southside?
     
    Foxdan likes this.
  2. Codie

    Codie Well-Known Member

    Joined:
    6th Mar, 2018
    Posts:
    1,591
    Location:
    Brisbane
    I personally like Stafford heights better, access to the tunnel, city views from second level in a lot of places (future development), and some
    Pockets have 1m+ on the same Street as $550k. agree with your comments on Keperra right now though.
     
    Thedoc, Foxdan, Sackie and 2 others like this.
  3. ToeKnee

    ToeKnee Active Member

    Joined:
    2nd Nov, 2019
    Posts:
    29
    Location:
    Brisbane
    24 months ago Keperra was the quickest selling suburb in QLD from memory. The average DOM was something like 9.

    currently public housing makes up something like 11-12% of ownership, once they reduce the amount they hold i feel this will help with the image that people hold of Keperra and likely bringing even better returns

    I do agree with Codie though, Stafford Heights has pockets with “prestige” style property where as Keperra really does not.
     
  4. Thedoc

    Thedoc Well-Known Member

    Joined:
    7th May, 2018
    Posts:
    258
    Location:
    Newcastle

    Yeah definitely agree re Stafford heights. Does have that prestige element. But also generally fair bit higher buy in and lower yield. Both will do well next 5 years
     
    Skyegirl and Icarus like this.

PFA Property Expo is designed in a way that visitors can gather maximum real estate knowledge with added benefits. Different speakers will be presenting on different topics as where to buy, when to buy in this market...