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LNP government. |
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Online Points: 16216 |
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Plenty of houses in Brisbane around that mark. I'm currently looking in Strathpine for potential investment properties.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Strathpine isn't in Brisbane, but is on a good rail service, unlike yarrabilba.
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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Strathpine is in the seat of Dixon.? about 15K from the CBD I thought Max . Reaalise You would know more than me about Brissy . Anything within about 10K is on fire at the moment, The Real Estate ads are saying. |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Petrie, though a bit further out, is probably a better bet for city commuters, express train service is great from there, into the city very quickly now.
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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32 minutes to Central, just about as long as you'd like to be surrounded by people transfixed by i-phones ! |
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Come on max, don't be so obtuse!
$350k, $400k, who cares!? ... cheap as chips ... the sleepy country town will be booming within 2-3 years ... best bet, get a new apartment around the 5-10k band from the city ... oversupply is a myth, the southern invasion is coming ... again ... never forget, it's a cycle!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Online Points: 16216 |
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It's close enough. Only technically not in Brisbane but for all intents and purposes it is. And plenty of houses in the price range mentioned. |
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Shrunk in the Wash
Champion Joined: 25 Mar 2016 Status: Offline Points: 9890 |
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There's the problem in a nutshell. First home buyers want the best of the best. Yarrabilba to Brissy is only 50 minutes drive pending traffic conditions. I got to the Princess Alexandra Hospital from yarbilba in 45 minutes. Yarrabilba is just as close to the Goldie, give or take a few. By the way, not every worker works in Brisbane What is wrong with that sort of travel time to get to work so you can have an affordable, BRAND NEW house Most people in sydney travel close to 2 hours to get to work |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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I'd be less certain those units are the "best bet", more likely the worst bet in the real estate market. They are over-supplied, and an agent told me recently that people who bought a year ago have lost $50k already. |
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Online Points: 16216 |
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This is true. Unless you can get a decent discount I would stay away from Brisbane units. There is a complex of 19 2 & 3 bedroom flats up the road from me (7km from the CBD) started construction approx 2yrs ago and completed maybe 9 months ago. Only half sold. That should tell you something. Incidentally I just sold a 3 bedroom townhouse in a gated complex in Acacia Ridge 6 months ago for $275k. Plenty of similarly prices options around for anyone wanting to get into he market. |
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Online Points: 16216 |
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Not really flats. Units built into a two story building. |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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I'm well aware that most people don't work in the city centre, but those that do, can still buy well further out provided on the rail, and particularly if there are direct express services, which there now are. As for travelling 2 hours in, two hours out, I'd doubt "most people" do anything like that. |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Sydney commutes average a bit over an hour a day, according to statistics, total time travelling. Brisbane not much less.
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Exactly why to buy now ... and never get property investment advice from a real estate agent, their job is to sell the stock they have in their shop, and they know nothing more than the values in their suburb, and emotive sales techniques Media will quote unit development applications and approvals at record levels, however, conversion from approvals to commencements to completions is another thing altogether. The squeeze on bank lending policies have already seen lots of those approvals fall over, and 2019 commencements will be the lowest in years. You will be seeing an influx of Southerners who will be cashing in on the Sydney and Melbourne booms as those markets plateau again, and young people who simply cant afford those markets will be coming too. Plenty of infrastructure spending, plenty of employment opportunities in the growth areas of health, education and services ... all that = boom! NB: The Brisbane market has always grown counter cyclical to the Sydney market ... the "rubber band" that separates the prices in those markets will pull Brisbane up again in the next 3 years ... always does!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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There are a lot of those units about to flood the market, right now. Detached housing is still very strong, however, and families will always prefer that.
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cabosanlucas
Champion Joined: 15 Jun 2013 Status: Offline Points: 7363 |
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find those stats hard to believe. it would mean most commuters are working in their own suburb. my school run was 10 mins each way 3 months ago. one road with a turn off at the end. give or take an extra minute here and there. its now 25 mins each way and thats without any obstacles like traffic works. basically, you cant drive a few kilometers anywhere in sydney under 10 minutes. its getting ridiculous. |
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Just on oversupply, I recall the oversupply of units in Sydney after the last boom (2004/5), in inner South Sydney suburbs like Alexandria, Zetland, Erskineville - I know someone who bought and sold a 2 bed unit in a massive complex within 5 years and lost money .. of course the person who bought that property in 2009 for $450k now has an asset worth over $1 million ... real estate investment is simply about good assets in right locations and playing the long game
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Who wants families with destructive grubby kids and pets as tenants? ... anyway, "families" as we know them, will be a thing of the past when SSM is legal ... the average size of a household is shrinking every census ... low maintenance, close to transport and employment, 2 bed, near/inner city dwelling is the future.
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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... hard to argue that houses are affordable though ... it's just not fair!
‘Make houses cheaper!’ says Millennial that just preordered a $1829 iPhoneA local agency person has lashed out at everyone, including homeowners, for making houses so unaffordable for young people – despite spending nearly $2000 on a new mobile phone this morning. Damien Longhurst works at a boutique, bespoke and creative agency in Betoota’s Old City district. He does something on a computer and makes life difficult for copywriters and anybody vaguely removed from the creative process. But he feels that he deserves to own a home in a part of town that he feels he deserves to live. “Yeah sure, I could buy in Betoota Plains or Buttville on the edge of town, but I have designer reading glasses I don’t really need and make an impact on the world through my extensive work as an account person,” he said. “I want to make an investment but I just can’t afford to save up a deposit. Life has gotten so much more expensive than it used to be in my parent’s day,” “It’s just not fair.” However, Longhurst’s 61-year-old manager has other ideas. Speaking candidly to The Advocate, Singh Johnleton [a local advertising demi god] said that people such as Damien were ‘part of the reason why Donald Trump’ won and the ‘world is going to hell in a handcart.’ “I’ve got news for that cup cake,” he said. “When I was his age, I saved and worked. Saved and worked. I f**king earned it,” said Johnleton. “It boils my blood when you’ve got these four-eyed computer jockeys complaining about how much of a cup cake their life is. Well guess what, mine was a cup cake as well until I got lucky,” “kiss me, this entire conversation has got my blood pressure through the roof. kiss!” Mr Johnleton then told us to leave his office while he sufficiently composed himself to walk out and fire Longhurst on the spot. “I’ll pay the unfair dismissal settlement, I just want him out of here.” More to come. http://www.betootaadvocate.com/humans-of-betoota/make-houses-cheaper-says-millennial-just-preordered-1829-iphone/?mc_cid=4bd3a5c141&mc_eid=1b8d058525 |
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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You need a holiday in Betoota, Doc.
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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Sound great!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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Dr E
Champion Joined: 05 Feb 2013 Location: Australia Status: Offline Points: 28563 |
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"He does something on a computer and makes life difficult for copywriters and anybody vaguely removed from the creative process".... bet he's voting YES!
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In reference to every post in the Trump thread ... "There may have been a tiny bit of license taken there" ... Ok, Thanks for the "heads up" PT!
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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The "TONY", Return is gaining momentum ... Turnbull GONSKY.
Told ya so. |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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Sportsbet have Abbott at $5.50 to lead the LNP to the next election. Seems rather skinny, but the market is around 150%. Surprisingly, Abbott is not next to Turnbull ($1.90) in the market, that position being occupied by Peter Dutton at $3.50. I must be completely out of touch, I'd have thought Dutton a 20/1 chance.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79533 |
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If Dutton is the answer, how scary is the question?
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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But $3.50 ? I don't think I'd be keen at $31, though I do continually remind myself not to bet on things I don't have an "edge" with.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79533 |
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He is a $31 chance imo but those idiots did elect Abbott leader so......
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cabosanlucas
Champion Joined: 15 Jun 2013 Status: Offline Points: 7363 |
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the liberal ranks are so thin they havent got an obvious leader amongst the spivs.
chris pyne is as good a resume as any of them. says it all. |
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maccamax
Champion Joined: 19 Jun 2010 Status: Offline Points: 41473 |
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Pyne 500/1.. and that's unders. Dutton a good man but too far away and is in a very marginal seat. Abbott is a warrior and Turnbull is the most unpopular PM since Whitlam Turnbull has to go , and quick . he is the only leader who Shorten would beat. PT should stand. Wouldn't the sparks fly if he and Shammy led the 2 most awesome Super Powers. |
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max manewer
Champion Joined: 31 Jan 2010 Status: Offline Points: 32947 |
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PT could be the next Doug Anthony, from the northern rivers.
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