QLD Meadowbrook rental potential

Thinking of buying my first IP in Meadowbrook, QLD - would appreciate your opinions regarding rental potential and potential for capital gain. Location seems pretty good on paper - close to hospital, train station and shops.

 

Hi there is a good little enclave at meadownbrook, and I think the houses and location is pretty nice. There is a mixed group in meadowbrook, home owners and renters to nearby uni and hospital. If I needed to rent in the area I would prefer meadowbrook over other areas, so I think it stands out as a good option.

Some of the other nearby suburbs are more difficult to rent out

 

Beautiful spot- definitely a standout in Logan with top access to everything (highways, train, hospital, shops, university, etc), but you'll pay a premium for it. House prices are quite a bit higher than a comparable house in most other areas of Logan.

 

Tom is right, but if you keep your eye out there are the occasional Meadowbrook houses on hte hospital side of the freeway that pop up with a very reasonable price ..

24 Buttercup Close Meadowbrook Qld 4131 - House for Sale #128227162 - realestate.com.au

 

It looks like a business park directly behind it. Could be quite busy/noisy hence the low price?

 

Backs onto the hospital, wont be much noise. That price would mostly be attributed to the fact that it's only a 3-Bed 1-Bath with no garage, otherwise looks like quite a nice house.

 

I went there for an open house. It is indeed a very nice house. It is on a quiet street, no much noise; otherwise the owners wouldn’t live there for more than a decade. They only moved because they made a retirement plan and needed to sell it fast to put money on a retirement home.