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Where would you buy today?

Discussion in 'Where to Buy' started by New2prop, 28th Jul, 2016.

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  1. New2prop

    New2prop Well-Known Member

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    Where would you buy today in NSW, QLD?
     
  2. Inov8ive

    Inov8ive Well-Known Member

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    If I didn't already own in SE Qld I would 100% be buying there. Now looking at Hobart
     
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  3. JDP1

    JDP1 Well-Known Member

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    Brisbane.
    This is whats in store to come years down the track...but its the closest we have in Australia
    Brisbane Olympics a 'great opportunity'

    Brisbane should transform itself from sleepy backwater origins ( some would say still current) into a proper city in the next 5-7 years, given all the devt that's in the pipe such as the casino, metro, etc...it will be mostly in apac region though...
    Following that, the Olympics will further its marketing power by getting it noticed on a truly world stage.
    Invest in property in Brisbane now to reap the rewards of whats in the future.
     
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  4. hammer

    hammer Well-Known Member

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    Or the city will go broke.....Past Olympics haven't exactly showered their host cities with riches.. ...
     
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  5. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    If Sydney, about the only thing I'd look to buy is a house in Blacktown for the ballpark price of about 600k.
    If Brisbane, I'd check out bayside Manly/Wynnum/Lota/Thorneside/Birkdale.
    Or Inner South. Strathpine and Petrie areas in the north possibly. Or it wouldnt be terrible to buy something in a nice area with huge land and land bank it (flood free of course!)

    But... I'm heading down to Melbourne this weekend for a look.
    I own in Brisbane and Sydney already, and i'm definitely much less familiar with most parts of Melbourne.
     
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  6. Barny

    Barny Well-Known Member

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    Hey gockie, what parts of Melb ya checking out?
     
  7. JDP1

    JDP1 Well-Known Member

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    they will take the chance..
    A lot of other host cities such as London and Beijing were already well known. I would argue that them hosting the Olympics would not have the upside potential of marketing as it does to a lesser known entity like Brisbane,
    For Brisbane property prices to grow, demand will have to grow more than supply growth. Demand can grow in many ways, but 2 big demand drivers are economic ( ie jobs) and also non economic desirability ( eg quality of living etc)...I see the marketing benefits brought by the olypics contributing significantly more to marketing Brisbane than say a London, Beijing etc. ie more the non economic side of things. Brisbane is much smaller base and unknown compared to London, Beijing etc and the Olympics gives recognition to Brisbane on a world stage.

    Brisbane needs marketing to grow demand. A lot outside the APAC region think Brisbane is a country town ( cant fully argue with that:)) ..That is exactly what the games will do.
     
    Last edited: 28th Jul, 2016
  8. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    I ws thinking North West towards the airports. Then I'd look west.
    And I figured I'd also do a nice Mornington Peninsula drive - I've never been past Frankston...
     
  9. Barny

    Barny Well-Known Member

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    Let us know how it compares to Sydney's west, druitt.
    Continue past franga to rosebud/Portsea it awesome.
     
  10. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Cool, I'll do that. :) Got a few days to look around.... thankyou Bank holiday :)
     
  11. Iamnumber5

    Iamnumber5 Well-Known Member

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    Just came back from Melbourne last week. Contemplating to buy either in the outer east or inner west. Finally bought one in the west. The market is still very hot.
     
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  12. MTR

    MTR Well-Known Member Premium Member

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    I know:)
     
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  13. Iamnumber5

    Iamnumber5 Well-Known Member

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    You know that I bought one in the west? ;)
     
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  14. ej89

    ej89 Well-Known Member

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    Newport, Qld.
     
  15. dabbler

    dabbler Well-Known Member

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    Sid en e - olympic city
    You planning to sail out from your back door in that yacht are you ??? :)
     
  16. Barny

    Barny Well-Known Member

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    Mind if I ask where, what, and why?
    And congrats
     
  17. Whitecat

    Whitecat Well-Known Member

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    I would say it's already a proper city and this is why so undervalued given its size and amenity
     
  18. ej89

    ej89 Well-Known Member

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    Haha yep! Couple years time hopefully :)
     
  19. JDP1

    JDP1 Well-Known Member

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    irrespective of whether it is or not, Brisbane has been growing in the past few years and will certainly continue for the foreseeable future as evidenced by the pipeline of developments. This will see additional price growth. It will increase demand due to lifestyle etc and also economic ie jobs.
     
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  20. Iamnumber5

    Iamnumber5 Well-Known Member

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    I bought an older style house on a 600 m2 block of land in Sunshine.
    Even though Sunshine has experienced a lot of growth in the last 12 months, I believe it will continue to grow.

    As I mentioned in other thread, 800 million on railway project (Bendigo, Ballarat, Geelong will converge in Sunshine), town center ongoing upgrade (including the new one stop civic center just completed last week worth 52 million), 44 million Victoria uni upgrade, 150 million project on Foundry road (commercial and residential, stage 1 completed, stage 2 and 3 in progress), Vicroad relocation from Ballarat rd to new building in the heart of town center (yet to be built), 28 hectares of zone change from industrial to mixed use development (equivalent to 4-5 of Melbourne city). All this effort is to make sunshine become the hub of western Melbourne. Furthermore, Sunshine is only located 12 km from the city, it is equivalent to Camberwell in the east (massive price difference)
     
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