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

Yes, outside of Ipswich or Logan you would probably be looking at some sort of dual occ or high yielding low bc new build town house possibly to be cash flow positive. A new townhouse with plenty of depreciation might fit but rents would need to continue to increase as depreciation decreases for it to remain cf+ with a 100 or 105% lend.
2 years ago it might have been a little easier to achieve and plenty of posters have done so in Logan.

 

I see your point, thank you. The photos definitely do as you say, certainly not mouldy etc.

 

Or travel the globe to stay in an ovepriced resort in a third world country? Mmm, decisions decisions ;-)

 

Ipswich is pretty 3rd world

 

some reasonable upside CG potential?

I'd struggle with a townhouse for some reasonable CG especially Logan or even closer to Sunnybank, they are like units, too easy to build, they seem to be a developers dream, not an investors dream though Wouldn't touch one in Ipswich ...

Try for a house in Woodridge or Kingston or Slacks creek or Loganlea close to a railway station with a good land component, don't wait for listings, call the agents each week and pester them!

 

You have been living a very sheltered life then if you think that.

My sincerest condolences on your tragic upbringing ;-)

 

@VKeen2Learn, maybe @Emoi is from the future .

Why is that Ipswich is 3rd world ? because I’ve read in the Tower Central trust booklet (commercial building trust fund) that Bendigo and Adelaide Bank, Australia Post and the Department of Justice (DJAG) to name a few is the major employer in the area.

 

Just visited woodrige, logan central, Beenleigh, What can I say !!

 

Interesting isn't it .

For someone who hasn't been exposed to areas like that whether it's Logan , Mt Druitt , depot hill, frangers or elizabeth it's an eye opener . I worked in mt Druitt for 14 years before we started investing in Logan so I knew what to expect .

It's easy to look down on them and wonder when gentrification will change them but that's not the reason to invest in them .

They go up in value and have good cash return .

You do need to be selective as to what you buy and you need good Pm's otherwise you'll be posting about unloading your portfolio because it's a dud .

Cliff

 

I Would agree...if you are going to logan, I'd get as much land as you can.
Not necessarily so for BCC areas.