QLD Where to Buy positive geared property in 2022

Brisbane, North Queensland, Perth or Adelaide? What will be your pick in next year? I want to spend up to 700K to get another property in the beginning of 2022.
Thanks for your input.
Amar

 

Elizabeth SA.
Or get creative. You could definitely buy a house and build a granny flat for that budget in some regional hubs.

 

What's your reason for wanting to buy a positively geared property?

 

Thanks Elizabeth
I already have 2 properties with GF. It is not giving me much upswing in value. I want to buy now for price appreciation. BTW which regional towns are great for GF?

 

So I can keep buying more properties.

 

Eerrrrr, Logan?

 

Stick to Perth...it is 12 months behind Brisbane. If you jump in Jan 2022...you should some really good growth. Perhaps 2 around 400k mark...but it is disappearing quickly...stock....

 

I would highly recommend Perth market

We are seeing growth in many areas. We have best economy in Australia and its ramping up.

Lots of buyers from East and investors. Hot areas everywhere, its becoming hard to source.

This is a good post, may help



Perth - Dummies Guide [WA]

 

Just be sure your positive CF buy will allow you to do that.

 

We don't always agree...but on this we agree....... Bevilo Tutto time here we come in 2022-2023! I see a median of 800-900k for Perth by 2024!

 

I purchased one in Clarkson in December. Now I want to see some positive data on corelogic before I get another one in Perth. Thanks

 

It did for me (before the APRA changes a few years ago).

 

I am a long-term investor and do not intend to sell the properties any time soon. With a 20-year investment horizon, do you think Perth would still do better than Brisbane in capital gain? Is it too late to get into the Brisbane/Logan/Moreton Bay market?

 

Hey Sash..I have now.nackground in Perth. What would be the top half dozen suburbs sub 450k worth looking.into. would want to sell in 5 to 7 years.

 

History shows that Perth does indeed perform as well or better than Brisbane. If you plan to hold buy a better location as Perth like Brissie has its cycles and property will rise and drop.

The competition to get into Brissie/Logan/Moreton is now next level....Perth is just starting and even there competition is stiff but if you get in now your prospects for growth is Perth is extremely high!

 

I can clarify competition is stiff today

Really need to align with agents to get a look in

Some areas have no stock, its insane, yet 12 months ago it was much easier to buy

 

I have bought in both Brisbane and Perth markets in the last 3 months. The competition at the low end market in Perth ( $300-400k)is not that bad. However, in Brisbane, it is a different level of competition and 70% of the houses get 10+ offers. However, I do think Perth has more room to gain at this stage.

 

You mean Perth is not suitable for long term hold and I should look somewhere else for long term 20+ year hold?

 

It is just need to know that it will come off a bit but if you but say for $1m. It could be worth $2m in 5 years...but it is possible it could come off 400k ....during the correction phase...I said possible.....

 

Depends in Perth, 11 offers on one property recently and no stock some areas.


where did you buy???

I think Brissy is ahead of the cycle for sure