Narangba qld

Discussion in 'Where to Buy' started by Shan1, 7th Jun, 2020.

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  1. Shan1

    Shan1 New Member

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    Hi
    Im interested in the qld property market to invest. More specifically rental property. First time investor. Looking for an area that has good or potentially good growth in property value. What you guys think of Narangba, deception bay or caboolture area. And pls let me know of other potential areas.
     
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  2. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

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    Hi Shan

    We develop Specialist Disability Accommodation in this area in Robust category primarily. Robust is for those NDIS participants with behavioural issues likely to lead to property damage, so builds use impact resistant material.
    The reason we build in Narangba and Caboolture area for these is that we can access larger blocks, further away from neighbours.
    I wouldn't buy in any of those areas for capital growth reasons.
     
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  3. Shan1

    Shan1 New Member

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    Okay thanks for the info. Any areas you would recommend for growth value
     
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  4. Rich2011

    Rich2011 Well-Known Member

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    What's your budget?
     
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  5. Shan1

    Shan1 New Member

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    400 to 430k. Can go higher but prefer not
     
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  6. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    You can purchase a much better quality asset closer to Brisbane in that sort of a budget.

    What had you select this area?
     
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  7. Rich2011

    Rich2011 Well-Known Member

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    Check out Acacia Ridge or Inala. Or if you increase your budget slightly you could buy two properties in Ipswich or Logan with great yields. Depends on how long you're planning to hold?
     
  8. boganfromlogan

    boganfromlogan Well-Known Member

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    Meadowbrook, 4131 (red zone). Or Rochedale South?
     
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  9. Squeakywheel

    Squeakywheel Well-Known Member

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    Narangba is really in the middle of no where, I can't see it would be a popular choice for renters.
     
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  10. twisted strategies

    twisted strategies Well-Known Member

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    Narangba .. i haven't been there for about 10 years so i am guessing a bit

    but sort of midway between Caboolture , Redcliffe , and Northern Brisbane , chance at urban sprawl embracing that property , traffic MIGHT be a problem depending on where the occupant works

    for me (if i was interested but i am not ) price would matter both to buy or rent

    looks like nowhere now , could be Urbania within 10 years if the migration policy leaves the flood gates open
     
  11. Rich2011

    Rich2011 Well-Known Member

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    Add Loganlea then close to the station. We recently picked up one in the red zone just over 800m2 for early 4's. Asking price was 600k+
     
    Last edited: 8th Jun, 2020
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  12. Shan1

    Shan1 New Member

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    Just reading info on the web
     
  13. Angel

    Angel Well-Known Member

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    Yes, but kind of info on the web? What is it about Narangba and Caboolture that makes them especially attractive as an investment. It is obvious that Deception Bay is on the coast.