QLD Sunnybank vs Holland Park/Moorooka

Discussion in 'Where to Buy' started by TFBoy, 13th Nov, 2015.

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  1. willair

    willair Well-Known Member Premium Member

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    Another area with a high Asian influence is Doolandella,just out the back of Inala less then 20 klm's from the central cbd mainly on large blocks above 4000sqms..
     
    willair, 16th Nov, 2015
    #21
  2. The Y-man

    The Y-man Moderator Staff Member

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    Agree re CG, but was starting to see rental yield suffer at the start of this year?

    The Y-man
     
    The Y-man, 16th Nov, 2015
    #22
  3. seanbrissy

    seanbrissy Well-Known Member

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    My last leases renewals I tried for rental increases, however I had to revert back to original pricing to obtain tenants. If your chasing yield 6%+ is easily achievable in Logan city council.
     
    seanbrissy, 17th Nov, 2015
    #23
  4. Creamy

    Creamy Well-Known Member

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    What would your thoughts be comparing Runcorn and Calamvale? Quite a difference between median price and if my math is correct, Calamvale has also had higher growth in the past 8 years, but Runcorn is closer to Sunnybank and CBD.

    Still new to all this but trying to get my head around why that might be. Distance to train line (noise pollution), quality of houses, perceived quality of living/wealth?
     
    Creamy, 23rd Nov, 2015
    #24
  5. HUGH72

    HUGH72 Well-Known Member

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    Nicer pockets of Runcorn would be a sound bet for reasons you have out lined.
    The median is possibly dragged down a little by the inferior parts- close to the Bradken factory on Beenleigh road, being too close to the train line and main road etc and some pockets have older houses.
     
    HUGH72, 23rd Nov, 2015
    #25
  6. TFBoy

    TFBoy Well-Known Member

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    TFBoy, 24th Nov, 2015
    #26
  7. HUGH72

    HUGH72 Well-Known Member

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    HUGH72, 25th Nov, 2015
    #27
  8. TFBoy

    TFBoy Well-Known Member

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    From memory on their offer form they ask you about pre approval.
     
    TFBoy, 25th Nov, 2015
    #28
  9. Liquidpop

    Liquidpop New Member

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    It seems that the development at Cooper's Plains is doing well. I can see that benefitting from the price pressure from Sunnybank/Eight Mile plains over time as its currently quite affordable.
     
    Liquidpop, 25th Nov, 2015
    #29
  10. jins13

    jins13 Well-Known Member

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    I had a friend that moved over to Sunnybank and she only lasted 3 months before she needed to move back to Sydney. Said the weather and power outrage got to her.
     
    jins13, 2nd Jan, 2016
    #30
  11. Ed Barton

    Ed Barton Well-Known Member

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    What's power outrage?
     
    Ed Barton, 2nd Jan, 2016
    #31
  12. jins13

    jins13 Well-Known Member

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    She reckoned that her electricity kept cutting out in the place she was staying at.
     
    jins13, 2nd Jan, 2016
    #32
  13. Bran

    Bran Well-Known Member

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    I was going to type the same thing. It's had a massive run already. Time to move out.

    Mount Gravatt East had a big run in 2014, nothing the latter half of the year, but things are starting to look very expensive there all of a sudden. Median price is 580ish, and there is NOTHING selling/sold for less than this = imminent rise.
     
    Bran, 2nd Jan, 2016
    #33
  14. The Y-man

    The Y-man Moderator Staff Member

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    It's like road rage but you take it out on the power companies :D

    The Y-man
     
    The Y-man, 2nd Jan, 2016
    #34
  15. Whitecat

    Whitecat Well-Known Member

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    And flood
     
    Whitecat, 2nd Jan, 2016
    #35
  16. Steven Ryan

    Steven Ryan Well-Known Member

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    FYI, noticing a lot of eyes on Moorooka and stuff still moving quickly even at the worst time of the year to be selling (now).

    And also a few agents who still haven't realised where prices are up to (e.g. from a few suburbs away whose last listing in Moorooka was 6+ months ago).

    Maybe I should stop mentioning it until all of PC is done buying there ;)
     
    Steven Ryan, 2nd Jan, 2016
    #36
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  17. Steven Ryan

    Steven Ryan Well-Known Member

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    Ok @Bran.

    NO ONE BUY IN MOOOROOKA.

    IT'S REALLY BAD VALUE.

    THERE ARE NO DEALS LEFT.

    WAY OVER VALUED.

    NO HOPE FOR THE FUTURE.

    ESPECIALLY NOT LMR BLOCKS.

    IT HAS NO INFRASTRUCTURE.

    NO AMENITIES.

    POOR ACCESS TO THE CBD.

    POOR ACCESS TO THE GOLD COAST.

    NO FOREST IN SIGHT.

    IT FLOODS EVERY WEEK.

    IT'S HEAPS MORE EXPENSIVE THAN ALL SURROUNDING SUBURBS.

    IT'S NOT GENTRIFYING AT ALL.

    ALL OF THE AGENTS SELLING IN THE AREA ARE GUNS AND MASTER NEGOTIATORS.

    I WISH I DIDN'T BUY THERE.

    DON'T FALL INTO THE SAME TRAP.

    TERRIBLE PLACE.

    RUN.

    ;)
     
    Steven Ryan, 2nd Jan, 2016
    #37
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  18. Bran

    Bran Well-Known Member

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    Bloody hell. It's hard enough already! :( I will not contribute to this hype.

    PS. You forgot the refugees. Plus no-one likes African food, it's not a thing.
     
    Bran, 2nd Jan, 2016
    #38
  19. jaybean

    jaybean Well-Known Member

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    Even though they are both Asian, I feel it's important to separate Vietnamese and Chinese into two different camps. Otherwise it's like comparing Ashfield to Cabramatta. They have similarities but should be analysed separately.
     
    jaybean, 2nd Jan, 2016
    #39
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  20. jaybean

    jaybean Well-Known Member

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    Calamvale - very modern houses, all new, oldest will be about 30 years. Calamvale is the poor-man's Stretton (Stretton is one of the most prestigious suburbs in the south). A lot of Asians like new and "rich" looking houses. Calamvale is a good place to go to look rich without really being rich.

    Runcorn - old houses, area is maybe twice as old as Calamvale, but a tiny bit closer to city and transport. Used to be considered a bit of a working class suburb and still is, hence lower price growth.

    I have a house in both suburbs so no bias here:)
     
    Last edited: 2nd Jan, 2016
    jaybean, 2nd Jan, 2016
    #40
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