QLD What are some good suburbs to invest in? in Brisbane.

I'll make it simple for you.

If you pay less tax, you are making less money.

If you are losing money, you are negatively geared.

I can tell you this, as I save 45c for every dollar that my investment property loses (thus from your table I agree I "benefit" most. This means my real life dud property loses me $20000 per year, but only actually costs me $12000 after tax time, and deducting all the losses from my taxable income. As the property has had zero capital growth, I will continue to lose $12000 a year if the rent or costs don't change.

I would rather make more money, and pay more tax.

I would happily quadruple my tax bill tomorrow.

All my properties are negatively geared and negative cash flow. The worst has been listed today. The rest I am banking on developing when the time is right. I bought them long ago, and I am making good CG on them such that a yield of 5% or 7% makes little difference.

Edit: I can glean from your posts enough that I believe you to be somewhat intelligent, and that this is a troll post. But nevertheless, there are people who seek this as a goal. I'm forever being told I SHOULD negatively gear, that I have to. I've tried that technique, and all it does is cost me money every week.

 

Geebung

 

Kedron, Wavell Heights, Carina, Morningside - draw a 5km ring around these suburbs - aim for everything inside it. And buy houses only, not units. Check for flooding or overland flows, buy blocks on high side of street.

 

development sites in logan
not yet that economical to develop at current prices - so hold till market rises then sell to developers
though now days it may not be easy since prices are going up on small lot houses/apartments etc

nras could be another option - claim negative gearing then get a payment from the govt that isnt subject to tax - have to buy exisiting stock that would have a premium

 

Not sure if it is presently "going off", but definitely meets all of the criteria.. Bit lower priced that the surrounding suburbs. Probably no really good reason, but has a bit of a stigma among Brisbanites.

 

You are very much correct in what you are saying. Negative Gearing can actually be a really good option for people in a higher price bracket as long as they buy smart and set it up well. Pretty much anyone who bought blue chip investment property in Sydney between 2010 and 2014 was negatively geared from the onset, many millions were made over the recent boom. Positively geared regionals would not match this in two decades of strong results. With negative gearing done right, you don't actually earn any less or pay more it's just that instead of a huge portion of your income going to the tax man- it goes into a property. In fact you can often be much better off as your example demonstrates. It pays off when you make a CG, which is why you need to buy smart.

 

geebung seems like good value as well without knowing anything about the suburb. Couple of kms further from the CBD than Keperra though.

 

It is good value and close to the sin to be refurbished biggest mall in qld. I believe it meets the criteria and it doesn't have abad reputation. Its not clayfield but its not notorious.

 

North
Stafford
Stafford Heights
Chermside
Keperra
Everton Park

South
Mount Gravatt (east)
Holland Park
Moorooka

East
Wynnum
Muarrarie
Manly

In general as close to cbd as possible, land size 600m2 +

Or 1 in Logan + 1 in goodna

 

Springfeild lakes???

 

No

 

How about buying the nice new house in Park Ridge ?

25 Mount Barney Crescent Park Ridge Qld 4125 - House for Rent #418948634 - realestate.com.au

Last year you can get it for $300k for 4/2/1 H&L package. It is one of the most famous suburb talked about by the investor and R/E agent in NSW too beside Fortitude Valley.

 

why not Ipswich ?

 

Nothing against Ipswich. But the thread is about Brissie suburbs and I have noticed this same Springfield enquiry going around a lot over the last week. It actually has its own thread.

 

Stones Corner

 

If I had to, I'd buy within 10kms North/Northwest.
Or a couple of waterfront properties on Russell Island.

 

400 to 600k for a house in stones corner sounds good

 

Doesn't sound too bad.
What size land would that have?

 

It's not being talked about much at all in bne. It's probably just being pumped to out of state investors just like springfield

 

Let your friend know that I have a lovely three bedroom unit on the northern beaches at Scarborough. The land is developable and the location is divine - a two minute walk to the beach and a five minute walk to the café strip.
It comes with a tenant who claims that he wants to stay there forever and the body corp fees are incredibly low. Get him to make me an offer.

***Sorry Bran, he did ask about Brisbane and not Cairns