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QLD What Brisbane Suburbs are Cashflow+ with reasonable CG potential?

Discussion in 'Where to Buy' started by qonyx_sydney, 2nd Sep, 2015.

  1. qonyx_sydney

    qonyx_sydney Well-Known Member

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    As the title suggests
    • Where are people are buying in Brisbane that are cashflow positive (excluding depreciation)?
    • Do you feel these suburbs have some reasonable upside CG potential?
    I've been personally looking around Ipswich but have some concerns around oversupply which may impact CG growth, what other suburbs would be suitable.

    I'm also interested in here and now ie. Sep-2015 - not a couple of months ago ;-)

    What do people think?
     
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  2. Heinz57

    Heinz57 Well-Known Member

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    Maybe the type of property rather than the suburb - multi dwelling, duplex, student etc. doesn't mean they are good CG investments but the yield may be higher.
     
  3. Tekoz

    Tekoz Well-Known Member

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  4. VKeen2Learn

    VKeen2Learn Member

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  5. Angel

    Angel Well-Known Member

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    How can you possibly get cf+ in a capital city?
     
  6. AlbertWT

    AlbertWT Well-Known Member

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    OK, so that sounds great guys, so can we say that if the yield is higher than the bank interest, then it is a profitable or Cashflow Positive property ?
     
  7. Biz

    Biz Well-Known Member

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    Get creative. Retain and build, build in underneath, sub divide, student homes etc.

    It's all there right under your nose.
     
  8. D.T.

    D.T. Adelaide Property Manager Business Member

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    Pretty vague question. Lots of suburbs of Brisbane and Adelaide are cf+ at the moment. Perth ones too at the start of the cycle.
     
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  9. Angel

    Angel Well-Known Member

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    I thought the OP wants to buy something that is CF+ as is, without doing anything to it. He or she didn't ask "Where can I buy and then develop in order to get CF+?
     
  10. Angel

    Angel Well-Known Member

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    So which suburbs? Cash flow positive after all expenses, not just the interest payment.
     
  11. D.T.

    D.T. Adelaide Property Manager Business Member

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    Don't be so dismissive. Lots are.
     
  12. Angel

    Angel Well-Known Member

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    Sorry. :oops: There was a guy on the radio this week informing the naïve public about buying for positive cashflow and he stated that the buyers would be making money straight away but he gave seriously misleading info. Got me agro.
     
  13. Whishy

    Whishy Well-Known Member

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    I have a property that is for sale for $310k, rents at $410 per week, within 25 minutes of the CBD, and 5 minutes from Springfield Hub..

    Has a dual kitchen and 3 bedroom upstairs 2 beds down (Built in downstairs).

    Needs a tidy up, but only cosmetic..

    For the price I want its immediate cash flow positive, but no takers....

    Dont think you are looking hard enough.
     
  14. fols

    fols Well-Known Member

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    Link?
     
  15. SouthBoy

    SouthBoy Well-Known Member

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    I saw Nathan Birth on Fox Business about 6 weeks ago, telling Chris Gray he's finding loads of cf+ properties in the outer suburbs of Gold Coast. Mainly old town houses I believe.
     
  16. Whishy

    Whishy Well-Known Member

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  17. BarneyRubble

    BarneyRubble Well-Known Member

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  18. jaybean

    jaybean Well-Known Member

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    Grime I can live with. These photos on the other hand makes the place look mouldy, which would make me think there's lots of water damage / leaks. Those pics would scare me:(
     
    Last edited: 9th Sep, 2015
  19. Emoi

    Emoi Well-Known Member

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  20. Azazel

    Azazel Well-Known Member

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    Yeah, Ipswich isn't Brisbane.
    Neither is Logan technically.