QLD Logan Land Market - Build it and they will come

It's not a good thing - it's a fairly direct measure of supply, no?
Why would you buy a sub 400m block 30km+ from the city - isn't a backyard the best reason for living in the 'burbs?

 

I wouldn't buy a small block far away. To be honest I don't know what you mean by "falling" block size. I assumed it meant that land was running out so they were now carving smaller sections in Park Ridge e.g 160m2 as a result. In which case that's good for tekozs big 2 fiddy

 

Umm in my mind falling block size is great as long as everyone is doibg it

It proves that people are willing to pay morr and accept smaller blocks just to get into the area.

Every boom area does that

 

Yes, that's the right direction.

25 Mount Barney Crescent Park Ridge Qld 4125 - House for Rent #418948634 - realestate.com.au

As you can see the property above is the one I own.

It's good and should be "recession proof" because the rental rate is affordable.

 

Well it is certainly low maintenance i'll give you that @Tekoz .

 

yes, that's the thing, it is Termites free, Asbestos free and better in terms of depreciation.

 

love it @Tekoz

 

How much does this beauty owe you? and what do you think its worth now?

Also interested to know how much was the construction part of it