The salaries for most professional services roles (such as lawyers) are much lower than Melbourne and Sydney.
Hey Luke, I have a budget of less than 500k. Do you think it is still worth looking into Brisbane, or shall I work on getting the budget up to 700-800k and find a better investment grade property?
Just be careful though as post Games it could bomb.
A possible investment property purchase based on equity in Moreton Bay from owner occupied home, do you think a townhouse/duplex or strive for a freestanding home for 200k+ more..
I'd have a look into the Lockyer Valley man. Land is relatively cheap and although maybe capital growth wouldn't be as exciting as Brisbane, land is relative cheap. Could be good to invest in multiple dwellings on a single land title and chase after cash flow🤔
What did you think about Redland Bay
Would you not buy in Melbourne instead?
Sixth cheapest median house price of all capital cities. Lots of potential for a future boom.
Certainly a valid strategy. All depends on your personal portfolio, what you can afford. I'd say Brisbane Growth will outperform melbourne over the next 7 years (Otherwise I would have bought in melbourne this year with $1.5m borrowing capacity).
@@lukewiles1 the new anti-landlord rules in QLD will stifle rental returns and inhibit capital growth in the near future (in my opinion).
The effects of Victoria’s anti-landlord laws and land taxes are already baked into the price that you’ll pay for a property there.
A drop in interest rates and a change of govt. (Nov. 2026) should being a boom in Melbourne.
@@mojanburgandy rent amount is tied to the property and will stick to the next tenancy, even if property is sold.
How do most of you guys still making profit? Even with the downturn of economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager
Mrs Nancy Williams Laplace
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..
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