QLD On the ground in Brisbane

Discussion in 'Where to Buy' started by dan2101, 4th Aug, 2015.

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  1. RyanB

    RyanB Well-Known Member

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    Thinking about heading up in the coming weeks to do my first scout, until reading though this post my thoughts were on the southern side of the river, i like carina, cannon hill, morningside (little pricey) but it seems there are some reasonably priced (under 700K) houses surrounded by 1m+ homes.

    Any one got any thoughts on North vs south of the river?
     
    RyanB, 7th Oct, 2015
    #81
  2. Azazel

    Azazel Well-Known Member

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    Anywhere within 10km is probably going to do Ok, but do your research.
    You will find the East to be different to the South outside that 10km.
     
    Azazel, 7th Oct, 2015
    #82
  3. Sam Yue

    Sam Yue Well-Known Member

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    Both sides have good suburbs with new infrastructures going on. With that amount of money, you can consider buy two, 1 in each side, and pay less stamp duty. Or you can buy something that you can subdivide, renovate or develop in future.
     
    Sam Yue, 7th Oct, 2015
    #83
  4. RyanB

    RyanB Well-Known Member

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    Yeh i am looking 100% for a splitter/devel site. Im stearing clear of 405m2 blocks, but because the market is moving, anything in the 800m2+ and no historical flood region is commanding a premium.

    But Hay, thats investing, gotta be in it to win it!
     
    RyanB, 7th Oct, 2015
    #84
  5. Sam Yue

    Sam Yue Well-Known Member

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    I drove around north side of Brisbane such as Zillmere, GeeBung and Banyo a few month ago. The new train line, airport extension and gateway motoway upgrade are some good growth drivers. Those Zillmere/Geebung has been hot for quite a while. But Banyo looks not moved that much yet. A new woolworth and more shops, which are quite needed for the locals of Banyo, will be built soon. Maybe you can have a check there.
     
    Sam Yue, 7th Oct, 2015
    #85
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  6. JDP1

    JDP1 Well-Known Member

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    If i were a Sydney investor, I'd buy a yacht.
    Failing which, I'd buy my GF a nose job and then some.
    Failing which, I'd look at Brisbane, and seek a good mix of cg with yields/rentability, skewed more on the cg side of the equation. With 700k I'd be looking at the areas you mentioned.. they will have more growth than north imo..mayn't be in short term but quite sure after that. They will also have no issues getting the right tenant, quickly, and at the right price . North ain't bad however, and if you seek lots of land to subdivide etc then id look north...imo because I found comparable house/land in North a bit cheaper than the south areas you mentioned.
     
    JDP1, 7th Oct, 2015
    #86
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  7. RyanB

    RyanB Well-Known Member

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    ohhhhhh i wish!:cool:

    Few more years before that purchase
     
    RyanB, 7th Oct, 2015
    #87
  8. JDP1

    JDP1 Well-Known Member

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    Only a few...
    For us poor Brisbanites, it's more like 25 years.:)
     
    JDP1, 7th Oct, 2015
    #88
  9. RyanB

    RyanB Well-Known Member

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    Hay.... I'm an optimist!

    at the moment! ;)
     
    RyanB, 7th Oct, 2015
    #89
  10. Heinz57

    Heinz57 Well-Known Member

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    Don't ask a Briswegian which side of the river to buy...it's like Ford v Holden.

    I work right next to the Gateway Bridge. Staff would rather drive from the Gold Coast than pay the toll.
     
    Heinz57, 7th Oct, 2015
    #90
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  11. HUGH72

    HUGH72 Well-Known Member

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    High and dry is the key close to the river
     
    HUGH72, 7th Oct, 2015
    #91
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  12. R377

    R377 Well-Known Member

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    I will be on the ground brisbane southside this saturday if anyone wants a meet up....

    main road but good block and yield
    http://www.realestate.com.au/proper...essageid=234712676&rsf=emailalert-propdetails
     
    R377, 7th Oct, 2015
    #92
  13. Bran

    Bran Well-Known Member

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    There are a few LMR sites in Mt Gravatt East, but now paying upwards of 1000/m2. And the locals have gotten greedy and aren't selling ;)
     
    Bran, 8th Oct, 2015
    #93
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