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

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

Join Australia's most dynamic and respected property investment community
Page 1 of 2
  1. qonyx_sydney

    qonyx_sydney Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    160
    Location:
    Perth
    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?
     
    qonyx_sydney, 2nd Sep, 2015
    #1
    AlbertWT likes this.
  2. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,977
    Location:
    Paradise
    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.
     
    Heinz57, 3rd Sep, 2015
    #2
  3. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    Tekoz, 3rd Sep, 2015
    #3
    AlbertWT likes this.
  4. VKeen2Learn

    VKeen2Learn Active Member

    Joined:
    14th Jul, 2015
    Posts:
    32
    Location:
    Brisbane
    VKeen2Learn, 4th Sep, 2015
    #4
    AlbertWT likes this.
  5. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    How can you possibly get cf+ in a capital city?
     
    Angel, 4th Sep, 2015
    #5
  6. AlbertWT

    AlbertWT Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    222
    Location:
    NSW
    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 ?
     
    AlbertWT, 5th Sep, 2015
    #6
  7. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Investard county
    Get creative. Retain and build, build in underneath, sub divide, student homes etc.

    It's all there right under your nose.
     
    Biz, 5th Sep, 2015
    #7
  8. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,190
    Location:
    Adelaide and Gold Coast
    Pretty vague question. Lots of suburbs of Brisbane and Adelaide are cf+ at the moment. Perth ones too at the start of the cycle.
     
    D.T., 5th Sep, 2015
    #8
    Taku Ekanayake likes this.
  9. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    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+?
     
    Angel, 5th Sep, 2015
    #9
  10. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    So which suburbs? Cash flow positive after all expenses, not just the interest payment.
     
    Angel, 5th Sep, 2015
    #10
  11. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,190
    Location:
    Adelaide and Gold Coast
    Don't be so dismissive. Lots are.
     
    D.T., 5th Sep, 2015
    #11
  12. Angel

    Angel Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    5,816
    Location:
    Paradise, Brisbane
    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.
     
    Angel, 5th Sep, 2015
    #12
  13. Whishy

    Whishy Well-Known Member

    Joined:
    21st Jul, 2015
    Posts:
    58
    Location:
    Brisbane
    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.
     
    Whishy, 7th Sep, 2015
    #13
  14. fols

    fols Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    737
    Location:
    Sydney
    Link?
     
    fols, 7th Sep, 2015
    #14
  15. SouthBoy

    SouthBoy Well-Known Member

    Joined:
    20th Aug, 2015
    Posts:
    255
    Location:
    Ozland
    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.
     
    SouthBoy, 7th Sep, 2015
    #15
  16. Whishy

    Whishy Well-Known Member

    Joined:
    21st Jul, 2015
    Posts:
    58
    Location:
    Brisbane
    Whishy, 7th Sep, 2015
    #16
  17. BarneyRubble

    BarneyRubble Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    283
    Location:
    Brisbane
    BarneyRubble, 8th Sep, 2015
    #17
  18. jaybean

    jaybean Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    4,752
    Location:
    Here!
    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
    jaybean, 8th Sep, 2015
    #18
  19. Emoi

    Emoi Well-Known Member

    Joined:
    8th Jul, 2015
    Posts:
    184
    Location:
    QLD
    Emoi, 9th Sep, 2015
    #19
  20. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,091
    Location:
    Brisbane
    Yeah, Ipswich isn't Brisbane.
    Neither is Logan technically.
     
    Azazel, 9th Sep, 2015
    #20
Page 1 of 2