Join Australia's most dynamic and respected property investment community

Redland City, QLD, Great tenants, no fuss

Discussion in 'General Property Chat' started by sliderc, 30th Aug, 2016.

Tags:
  1. sliderc

    sliderc Member

    Joined:
    27th Oct, 2015
    Posts:
    10
    Location:
    QLD
    Hi Everyone,
    I just wanted to give my feedback on the Redland City experience I have had to date.

    I've got a few investments in the area around Birkdale, Wellington point and Alexandra Hills and, while I've only had them 5 years, I have had only ever had 1 lease renewal and all the tenants are great.

    I've had no damage, rent always on time and lease renewals almost every time.

    I would love to have seen more growth over the past 5 years however the experience has been hastle free and I feel like the Redlands could be a great spot for the "slow and steady' club, with minimal tenant risk, probably due to the demographics of familys and a more relaxed lifestyle.

    Anyway, wondering if anyone has had any bad (or likewise good) experiences in the Redlands also?

    Have a great night!
     
  2. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,310
    Location:
    Sydney
    Good to hear some good exposure..
    Redland city council is the least talked about here in pchat. Would definitely like hear any development opportunities there.
     
  3. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,310
    Location:
    Sydney
    Wondering anyone know the min frontage/lot size to do a splitter?
    Do they have similar 200m walk distance to district centre that enables you to subdivide on 600m2?
    Can you do duplex on 600m2 on suburban precinct?
     
  4. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    493
    Location:
    Brisbane
    Good rentals in the Redlands are hotly contested.
     
  5. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,684
    Location:
    Sid en e - olympic city
    I do not like the rates, is a nice place and council does seem to keep things looking nice.

    Could easily live there, also has moved lately. I too think many there do not want it to become popular, they go there for quite family living.
     
  6. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,925
    Location:
    Sydney
    I was told 20m for complying development but you can do a splitter/battleaxe on land less wide if the back house can have a car turnaround
     
    RetireRich101 likes this.
  7. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    4,925
    Location:
    Sydney
    Ps. What can I say except I really like the area. Not too far from Brisbane but it feels like a holiday lifestyle...
    I looked at both Redcliffe Pennisula and the Redland bayside in my quest to buy in Brissie... I think Redcliffe Pennisula had the cheaper buyin but the houses seemed too tightly packed together for my liking and just didnt feel as nice. Whereas in Redlands it feels like each home is a bit more spreadout and has a relaxed feel to it. Can I say its suburban with holiday vibe?
    I also stayed at my IP for a few nights... woken up by the chirping of birds, there's really nice walks and parks nearby and you can go for a picnic by the bay... launch your boats nearby at Wellington Point....

    Homes with water views in Sydney are pushing towards the 3 mil+ mark in Sydney... but a home in Brissie near the bayside on a good block of land for the same price as a standard 2 br Suburban unit in Sydney...

    Omg...
     
  8. sliderc

    sliderc Member

    Joined:
    27th Oct, 2015
    Posts:
    10
    Location:
    QLD
    The Brisbane and Sydney coastlines vary so much its hard to see Brisbane coastline ever attracting the premium of Sydney Coastline. However, that said, there is something to save about being near the coast and water views will always be in demand. The lifestyle in the Redlands does include visiting the various points (Wellington, Cleveland, Victoria) however the water is far from beachlike and attracts the picnickers over the swimmers.

    I love the Redlands for reasons you mentioned, SPACE!, being able to park where you drive, great schools, hospital, plenty of parks and I think most importantly if you plan on investing out this way, access to the Trainline for a 40 minute train ride into the city.

    Its easy to see why rentals get tenanted by families for long terms.
     
    Whitecat likes this.
  9. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    493
    Location:
    Brisbane
    But so close to the beautiful beaches at North Stradbroke