QLD Yarrabilba or South Ripley

Discussion in 'Where to Buy' started by Ssrk, 2nd Dec, 2018.

Join Australia's most dynamic and respected property investment community
  1. Ssrk

    Ssrk Member

    Joined:
    9th Nov, 2018
    Posts:
    9
    Location:
    Sydney
    Help- Which estate do people believe will house properties with better capital growth and rental yield, to hold for the long haul - Yarrabilba or South Ripley?

    TIA
     
  2. hammer

    hammer Well-Known Member

    Joined:
    28th Aug, 2015
    Posts:
    2,863
    Location:
    Darwin
    Any reason as to why it has to be a new estate?
     
  3. Ssrk

    Ssrk Member

    Joined:
    9th Nov, 2018
    Posts:
    9
    Location:
    Sydney
    I lile the community feel in the new estates and it's what suits my needs at the moment (long story short).

    Both have plans for new shops, schools and train lines. Just want to know which is a safer bet
     
  4. boganfromlogan

    boganfromlogan Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    3,332
    Location:
    Brisbane
    You should be really cautious about 'getting a train line' scuttlebut, sometimes the time frames for new train lines are very long (> 20 years). It wasn't too long ago that the extension out towards Yarrabilba / logan village became disused - you can still see remnants on sides of roads, across creeks etc.

    Yarrabilba doesn't have many prospects of getting train - certainly not before the Springfield line is extended to Ipswich (which in itself might be 20 years away).

    These are not safe bets for train lines. That sounds like marketing .......
     
  5. boganfromlogan

    boganfromlogan Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    3,332
    Location:
    Brisbane
    Just further clarification - i suppose south ripley might be close enough to trains? The alignment of the springfield extension is kinda researchable, just depends if a station is close enough.

    School road, is gonna have a station (who knows when), then potentially out near the uni at Ipswich, and a couple of stations in between.
     
  6. Ssrk

    Ssrk Member

    Joined:
    9th Nov, 2018
    Posts:
    9
    Location:
    Sydney
    South Ripley is about 15 mins drive to Springfield Central Train Station
     
  7. gerege

    gerege Well-Known Member

    Joined:
    23rd Mar, 2018
    Posts:
    94
    Location:
    Qld
    I wouldn’t put money in either both really far out, loads of developable out there no demand, will be waiting over 20-30 years for it to grow if it ever does.
     
    Tom Rivera likes this.
  8. Ssrk

    Ssrk Member

    Joined:
    9th Nov, 2018
    Posts:
    9
    Location:
    Sydney
  9. Ssrk

    Ssrk Member

    Joined:
    9th Nov, 2018
    Posts:
    9
    Location:
    Sydney