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
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
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 .......
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.
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.
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