Where can you buy Affordable Property in Brisbane?
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- čas přidán 28. 08. 2024
- On a budget of $650,000 or less? We look at houses on 500sqm+ of Land North & South of Brisbane's CBD and breakdown the options in today's Property Market.
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Mate this content with a map + an analysis on top of it is gold. Keep pushing it, I can't see how you will not rise to the top of the property australian youtube game in the coming months with this kind of content
Thanks mate, appreciate it. Your channel seems to be sky-rocketing! I'll try and group these kinds of videos, create similar thumbnails and add them to a playlist
@@lukewiles1 yes playlist can be useful, especially if you answer a question commonly typed by viewers. My playlist "how to pass interviews" (in french) is bringing a decent amount of view to many videos from my most successful, maybe something you could replicate in your field ?
Great video mate. Interested in seeing you do something similar for western areas of Brissy like Ipswich
Great hands on video mate!! Would love to see some more similar videos!!
Thanks mate! Will do
Great video! So informative. Keep it up, Luke!
Thanks mate, appreciate it!
Great Content as usual 🙏🏽I will probably use you in the near future as I’m in brissy and wanna buy my first investment property next year possibly 👑
Thanks mate! Looking forward to chatting with you soon
EDIT : you may consider including a map in the thumbnail ? could differentiate this video from others + more representative of the content (and could have higher click rate if polished look - to be tested)
May be a good way to keep the series consistent! Could touch on areas across Australia's coastline (top 30 by population)
Rocklea also flooded. Flooded spots are not good for capital growth but they can be suprisingly good for cash flow. They are usually in desirable locations (desirable enough that people built in a high risk flood zone). Flood zone status drastiacally reduces sales prices, but it doesn't reduce rental prices by much at all. You can make a property quite flood resilient if you are willing to renovate smartly. You'll get in at a depressed price, given current floods, and get to heavily take advantage of negative gearing. I'd never buy in a flood zone as an owner occupier but if I was willing to go all in on sweat equity (and believe me it will be extra sweaty) I'd consider flooded spots. We shouldn't flood next year (last la nina year for a few years ) so now would be the time to buy cheap, negative gear flood resilient improvements.
Huge info in here! If you're willing to take the risk there may be reward!!
I personally would buy a renovator with no flood risk further out from the cbd but each to their own
thanks mate appreciating the additional analysis on flooded areas
Worth While information
What is your opinion of Inala?
It’s elevated with views of mt cootha and in some cases the city, flood free area, borders Oxley and Darra (both booming suburbs), close proximity to oxley golf course, lots of great parks for families.
Inala is a suburb going to through slow gentrification. The closest comparable would be moorooka (which I think has gentrified further)
If you're buying and holding for long term, I think prices will continue to track upwards as the suburb continues to gentrify
@@lukewiles1 Yeh that makes sense. Good to hear your take on it. I agree that Moorooka is ahead in terms of gentrification. Prices have increased there a lot over the last 3 years. Thanks Luke
Hey mate starting to watch your videos and really enjoying it keep up the good work, I have a house in jimboomba and am looking for an investment property, I have been keeping an eye out but I’m your opinion should I wait 12-18 months or what time frame would you be looking at with the current market, thank you.
czcams.com/video/aIIxMNo7ghI/video.html
Hey mate. Appreciate it. I just made a video breaking down my current thoughts on the market. You can check it out with the link above
Luke what do you think of Redcliffe peninsula within that price range?
The peninsula has gone ahead! Lots of gentrification, knock down rebuilds, train line upgraded, access to the bay. Seems pretty great, but prices also reflect the demand now, so I would try and buy below median value
Hey Luke - what is your view on Beaudesert/Gleneagle?
Too remote for my liking. Meaning too much land supply to keep pressure on prices
Inala
Not so cheap anymore
Great info .. any good suburbs in 350/400k range ?
you'll be tough pressed to buy a decent house in SEQ sub $400k at the moment unfortunately.
Hi Luke, I'm looking for a house within 300k in Kingston , Springwood or Slacks Creek to settle down not for an investment, is it possible to find ?
Not for a house under 300k. You'd probably need closer to 400k+
My mother bought a 300k home in Logan 20 years ago. The house is still worth the same now.
@@BlackSheepIncorperated why the price is still the same? Is it in notorious area?
@@khireddinesaidi because of the area, also it floods a lot around this area. It also had a toxic waste dump at the top of queens road.. they have removed the waste.. however all the mine shafts under the houses suck also and helped the waste dump leak.. seep out.
@@BlackSheepIncorperated thank you so much for taking time to clarify, do you have any idea about Kingston, slacks creek or springwood?
Houses and the land on which they sit are for human dwelling..... and should never have been allowed to be a commodity for speculative profiteering….this was the great mistake that has lead to the absurd situation of lack of affordability and homelessness.....in the past 30 years.
Tough topic for sure. The AUS government owns a tiny percentage of the rental market and has left it up to private investment to provide rental accom