New First Homeowner - QLD or WA

Hi all

I lived in WA for a few months, then went to QLD fir work for 2 years, and now back in WA. Long term I pref to be based in WA. But now I am considering taking advantage of the much bigger first homeowners grant in QLD.

I only have a max $200k for borrowing capacity. Absolutely love the country so happy to get rural. Can only get land and build new (will do cheap modular) or major fix-up of old house for the grant.

I still don't know where to get in QLD or WA. If in QLD, will hold the property only for max a year. I looked at areas with good growth but apparently that is not enough. I know I need to look at incoming infrastructure. So a good growth now may not be good if there isn't incoming infrastructure, good rainfall, employment opportunities? Does this apply even if the hold is just a year?

I also lack local knowledge. Where (rural) would be good to get in that has good rainfall, or access to water source, good growth, two hours away from an airport and possibly good cash flow in the future? Should I buy in QLD or WA?

 

WA! South Australia pips rivals to take economic crown: CommSec State of the States

Northam? https://www.realestate.com.au/buy/i...04;+york,+wa+6302/list-4?activeSort=price-asc

 

Thank you. Northam's been flagged to me too by a property agent. I've been out there. It's very dry. Most of WA has had very little rainfall.

 

Yes! They are all dry areas - I don’t know Beverley though. It has been a very dry and warm April though compared to usual.

 

I wanted to look at Beverley but then a friend's husband mentioned it was a drug town. And upon research, it looks like that!