Where in Australia are you Looking to Buy this Financial Year?

Discussion in 'Where to Buy' started by rhinsor, 12th Jul, 2015.

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Where in Australia are you Looking to Buy this Financial Year?

Poll closed 12th Jan, 2016.

  1. Adelaide (S.A.)

    43 vote(s)
    22.5%

  2. Brisbane (Queensland)

    81 vote(s)
    42.4%

  3. Darwin (N.T.)

    2 vote(s)
    1.0%

  4. Hobart (Tasmania)

    3 vote(s)
    1.6%

  5. Melbourne (Victoria)

    29 vote(s)
    15.2%

  6. Perth (W.A.)

    12 vote(s)
    6.3%

  7. Sydney (N.S.W.)

    13 vote(s)
    6.8%

  8. I Haven't Decided yet

    13 vote(s)
    6.8%

  9. I'm not Buying this Year

    17 vote(s)
    8.9%

  10. Other

    9 vote(s)
    4.7%
Multiple votes are allowed.
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  1. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    Ha! @JDP1 give me your inside picks for Brisbane. My spread is scattered across the north and south but I'm keen to hear suggestions for CG-driven postcodes in Brisbane metro. I'm up in Brisbane every month with work, so I've done a lot of DD and street-walking in many postcodes.

    There's a number of great buying options depending on goals, but where most investors in Brisbane are chasing yields; I have a pretty good yield in the portfolio already. Looking to step it up and seek out a CG-grower. Any thoughts? Happy to take this private message if you are interested to chat?
     
    C-mac, 25th Jul, 2015
    #41
  2. Toon

    Toon Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    541
    Location:
    Victoria
    Regionals in Qld or any state?

    Ballarat fits those criteria if you're interested in Vic. This was just in today's local paper - http://www.thecourier.com.au/story/3233540/ceo-bullish-on-region/?cs=61
     
    Toon, 25th Jul, 2015
    #42
  3. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    Thanks Toon, yep open to regionals in any state providing of course the right CG drivers exist in the town. Ballarat is good shout, I might do some digging..

    Victoria works for me too because I don't own anything there yet, so it's a Land Tax 'freshie' for me to get amongst!
     
    C-mac, 25th Jul, 2015
    #43
    Toon likes this.
  4. JDP1

    JDP1 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    4,244
    Location:
    Brisbane
    oh no you didn't mean that!:D
    Ive sent you a message...
     
    JDP1, 25th Jul, 2015
    #44
  5. Mayjong

    Mayjong Active Member

    Joined:
    17th Jul, 2015
    Posts:
    33
    Location:
    NSW
    Newcastle
     
    Mayjong, 27th Jul, 2015
    #45
    larrylarry likes this.
  6. Doozer

    Doozer New Member

    Joined:
    24th Jun, 2015
    Posts:
    4
    Location:
    Cairns
    Have a look at Miners Rest in Ballarat. Quality properties at very affordable prices. We're very happy we purchased there.
     
    Doozer, 28th Jul, 2015
    #46
  7. Rixter

    Rixter Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    573
    Location:
    Portfolio Perth Brisbane Sydney Melbourne
    Purchasing Melbourne.
     
    Rixter, 28th Jul, 2015
    #47
  8. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    I wonder who voted for Sydney ?
    and why in Sydney when the investment clock is already at the top or 2 minutes to midnight :cool:
     
    Tekoz, 31st Jul, 2015
    #48
  9. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    @Rixter melbourne is over supplied with apartments so I guess, you are investing in town house or a house with renovations potential ?
     
    Tekoz, 31st Jul, 2015
    #49
  10. rhinsor

    rhinsor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    664
    Location:
    Perth
    Nearly half of the votes so far are Brisbane(Queensland). Good chance some Property Chat members are going to be competing against each other for some deals.

    Adelaide (S.A.) 30 vote(s) 22.7%
    Brisbane (Queensland) 56 vote(s) 42.4%
    Darwin (N.T.) 1 vote(s) 0.8%
    Hobart (Tasmania) 3 vote(s) 2.3%
    Melbourne (Victoria) 23 vote(s) 17.4%
    Perth (W.A.) 11 vote(s) 8.3%
    Sydney (N.S.W.) 9 vote(s) 6.8%
    I Haven't Decided yet 8 vote(s) 6.1%
    I'm not Buying this Year 11 vote(s) 8.3%
    Other 4 vote(s) 3.0%
     
    rhinsor, 3rd Aug, 2015
    #50
  11. Phil_22

    Phil_22 Well-Known Member

    Joined:
    28th Jul, 2015
    Posts:
    153
    Location:
    Regional, NSW, Australia
    @C-mac

    Re: regional focus you could do worse than to look at Armidale NSW.

    Traditionally always a good place for strong yield.

    The local government member is looking to strengthen the town and diversify industry, locals are pushing council for a greater focus on industry and other retail options.

    Some good potential for capital growth over the next 5-10 years.

    The university students always provide a string rental income and whilst UNE has went online there are still a large proportion of internal students.

    Cheers,

    Phil
     
    Phil_22, 3rd Aug, 2015
    #51
  12. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    @Phil_22

    Thanks for the tip, mate. Armadale wasnt on my radar but I will take a look at it. Thanks again.
     
    C-mac, 3rd Aug, 2015
    #52
    Phil_22 likes this.
  13. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    Despite the stamp duty slug compared to QLD, I'm eyeing off some places in regional VIC now in my due diligence; a bit of a shift away from QLD!
     
    C-mac, 15th Aug, 2015
    #53
  14. Rixter

    Rixter Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    573
    Location:
    Portfolio Perth Brisbane Sydney Melbourne
    Buying a new house - ppor.
     
    Rixter, 15th Aug, 2015
    #54
    Tekoz and Soul like this.
  15. trinity168

    trinity168 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    942
    Location:
    Sydney
    Just went unconditional on our first QLD property. Looking to get another one before the end of the year. Will reconsider finances and might have to start looking at regionals. Do not have anything in VIC so would like to get some there.
     
    trinity168, 19th Aug, 2015
    #55
    Toon, D'Mo and Azazel like this.
  16. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,091
    Location:
    Brisbane
    Well done! Where abouts in QLD did you end up going for?
     
    Azazel, 19th Aug, 2015
    #56
  17. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    Congrats, Trinity!
     
    C-mac, 19th Aug, 2015
    #57
    trinity168 likes this.
  18. trinity168

    trinity168 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    942
    Location:
    Sydney
    @Azazel, Got a nice little house for a little over 400k in Bracken Ridge.
     
    trinity168, 20th Aug, 2015
    #58
    MJS1034 likes this.
  19. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,091
    Location:
    Brisbane
    Nice one, another Northside purchaser on here ;)
     
    Azazel, 20th Aug, 2015
    #59
    EN710 likes this.
  20. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,605
    Location:
    Australia
    Because even in a hot market there are still some gems to be found
     
    Chilliblue, 20th Aug, 2015
    #60
    trinity168 likes this.
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