Where would you buy right now?

Discussion in 'Where to Buy' started by MJS1034, 10th Jul, 2016.

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Where would you buy with a budget of $500k?

Poll closed 23rd Jan, 2020.
  1. Melbourne- North West

    20 vote(s)
    15.5%
  2. Melbourne- South East

    14 vote(s)
    10.9%
  3. Sydney - North West

    8 vote(s)
    6.2%
  4. Sydney -South East

    3 vote(s)
    2.3%
  5. Brisbane North

    40 vote(s)
    31.0%
  6. Brisbane -South

    39 vote(s)
    30.2%
  7. Perth

    8 vote(s)
    6.2%
  8. Adelaide

    30 vote(s)
    23.3%
  9. Darwin

    1 vote(s)
    0.8%
  10. Regional

    7 vote(s)
    5.4%
Multiple votes are allowed.
  1. Tyler Durden

    Tyler Durden Well-Known Member

    Joined:
    19th Jan, 2016
    Posts:
    350
    Location:
    Australia
    That's better, now I have an idea of what makes you so bullish about buying Brisbane in mid 2016. :)
     
    Sackie and Whitecat like this.
  2. HUGH72

    HUGH72 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,022
    Location:
    QLD
    @Benson I'm no expert on ADL, only a interstate investor who has bought a few there. Have a look at the Adelaide threads for Salisbury LGA in the north and Onkaparinga LGA in the south by DT and Corey. Both areas fit your price range, you'll find low vacancies, good yields and properties which can be renovated or possibly subdivided.

    In terms of Brisbane you will mostly likely have to look outside BCC LGA. Most of my places there are in areas outside that sort of price range.
    I would have a look at houses around Strathpine, Petrie, Bray Park and Lawton. Infrastructure upgrades, a new uni and near by rail line make the area worth considering. May have to stretch the budget slightly.
     
    Ash, Benson and Sackie like this.