QLD Park Ridge QLD 4125 is now in the top 10 list of fastest growing suburbs in QLD !!!

Discussion in 'Where to Buy' started by Tekoz, 22nd Sep, 2015.

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  1. dabbler

    dabbler Well-Known Member

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    Forest Lake is supposed to be a termite haven, wonder if it is the cheap & easy to eat timber ?

    I am not sure if it is true though....

    Forest Lake sounds like a swamp with lots of trees ?
     
  2. Tekoz

    Tekoz Well-Known Member

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    @dabbler it seems termites is only causing you issue when you have existing house, not with the new house :cool: because usually the newer house can be installed with TermiMesh.
     
  3. dabbler

    dabbler Well-Known Member

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    Hi Tekoz, newer houses usually have some kind of termite protection, but do not think that it is bulletproof.

    I would not worry about the new house, and even with old houses, termites, if they are into the house, are not the end of the world, but they can do a lot of damage if ignored.

    Termites are everywhere, including in Sydney, I had a house that had termites, but frankly water drainage was a bigger issue, and the idiots from the local pub made termites quite attractive.
     
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  4. lotus

    lotus New Member

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    Hi there ... i just came across this forum ..pretty interesting ..
    So i will need to confirm that actually u bought 4/2/2 and land size is 250 . Is it correct ?

    If so, u need to compare with another 4/2/2 with the same land size . I feel u only compare with 4/2/2 without paying attention to the size so thats why u think the increase is significant .
    I also bought parkridge house and secured in dec 2015 . 4/2/2 with land size 300 .
     
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  5. Tekoz

    Tekoz Well-Known Member

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    Finally, I've found someone who has made right decision in this forum. mate, you are not alone in this suburb.

    @lotus Yes, I bought lot #60 in Mt. Barney Crescent last year 4 bedroom house for $300k.
    How much did you bought and where about are you ?

    So far the suburb is gentrifying, Masters, Woolies and many more shops are opening in Park Ridge :cool:
     
  6. dabbler

    dabbler Well-Known Member

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    Tekoz, do they allow the building to built on the boundaries ?
     
  7. Greyghost

    Greyghost Well-Known Member

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    I can't read with my rose tinted glasses on...
     
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  8. larrylarry

    larrylarry Well-Known Member

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    So when is land titled or when house is built? Must be awesome feeling.
     
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  9. Tekoz

    Tekoz Well-Known Member

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    Yes, I will let you guys know about it...
    this year going to be very exciting. The Real Estate agent (Ray White) mentioned that my house will be one of the first ready for rent in the complex and they've got people in waiting list to rent it :cool:
     
  10. Tekoz

    Tekoz Well-Known Member

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    @dabbler Hm.. good question.. I never knew about it...
    but one thing for sure, my solicitor told me that my building is 100% legal
     
  11. Bran

    Bran Well-Known Member

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    This is the first real plus I've heard. Get in early. Secure a long lease.
     
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  12. hash_investor

    hash_investor Well-Known Member

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    Gentrified people... mind you!
     
  13. Gen-Y

    Gen-Y Well-Known Member

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    That is good news - better secure that first tenants as when the other investment properties in that area comes up, you will be fighting tooth and nails trying to secure tenants for your asking price.
    When it is cheaper price to secure your own place, you aren't the only one that can afford it.
    Hence I try to stick with above median price of property. Yes I have to pay more out of my pocket for the first 3 years, but after that it's all good.
     
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  14. Tekoz

    Tekoz Well-Known Member

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    Yes, that's the strategy for success here in Park Ridge or in Off The Plan property. :cool:
     
  15. Bran

    Bran Well-Known Member

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    Let us know how it goes.
     
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  16. Tekoz

    Tekoz Well-Known Member

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  17. RetireRich101

    RetireRich101 Well-Known Member

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  18. +men

    +men Well-Known Member

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  19. larrylarry

    larrylarry Well-Known Member

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    Should be quick if your agent has renters on waiting list.
     
  20. BB5

    BB5 Well-Known Member

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    What are the cafés and bars like post gentrification?
     
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