Hi all, Looking at getting my first IP. I have tried reading up and obviously there are so many ideas, it is hard to narrow it down. I would like a house that is less than 400k in QLD (or there abouts). What do people think about suburbs such as Narangba, Bald Hills, Alexandria Hills and Deception Bay? I also really liked Forest Lakes and Browne Plains, as all my research and the value I thought was good, but after reading a few things on here I am unsure. Does anyone have any tips on where I should best look? Or what you would do in this situation? I am looking for capital growth and obviously decent rental return. Thanks heaps and happy for any suggestions/feedback/bagging!
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Maybe check Inala , pretty rough area still but has some potential in the long term. Your budget is pretty low to get anything high quality in Brisbane now if you want a house .
Check out Daisy Hill and Springwood. They are popular suburbs with good owner occupier appeal. A house for 400k is hard but not impossible. Both have great access to the M1 (more upgrades planned) and the busway is being extended to Springwood.
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