investment Property, Brisbane
Mar 20th 2006, 7:49 am
#1
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investment Property, Brisbane
We have decided that maybe we like to make an investment into a second property to rent out and were looking for advise on areas in Brisbane i.e is it better to go say for the Valley, CBD area or for a Bayside area.
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
Mar 21st 2006, 9:42 am
#2
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Re: investment Property, Brisbane
Originally Posted by tabby
We have decided that maybe we like to make an investment into a second property to rent out and were looking for advise on areas in Brisbane i.e is it better to go say for the Valley, CBD area or for a Bayside area.
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
Mar 21st 2006, 9:55 am
#3
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Posts: 3,997
Re: investment Property, Brisbane
Originally Posted by tabby
We have decided that maybe we like to make an investment into a second property to rent out and were looking for advise on areas in Brisbane i.e is it better to go say for the Valley, CBD area or for a Bayside area.
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
We have looked on realestate.com.au for 1/2 bed apartments in New Farm and the Valley but they seem quite cheap.
Any thoughts, anyone ?
There are a few people on this site who already rent out properties in this area so will be better qualified to give you their views, however here's my thoughts.
You need to look at your market and target your prospective clients accordingly. If for instance you decide to buy properties for families, then maybe Bayside is best. If however you wish to target young couples/singles/business people, then maybe Newfarm or the Valley is best.
Do you want to target long term or short term tenants? You may get much more revenue for short term tennants than long term tenants. Also, consider if you wish to rent out furnished or unfurnished. Again this will be determined by your prospective customers. Also any services you may need to offer will be determined by the types of consumer you target.
Perhaps the best thing to do is work out which market [consumer] you wish to serve and this will determine the type of property and the location.
Sorry I can't offer anything else...... but good luck with your venture
Mar 21st 2006, 10:08 am
#4
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Location: Wello Point, Bayside, Brisbane & Loving It !!!
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Re: investment Property, Brisbane
Originally Posted by phoenixinoz
Hi Tabby
There are a few people on this site who already rent out properties in this area so will be better qualified to give you their views, however here's my thoughts.
You need to look at your market and target your prospective clients accordingly. If for instance you decide to buy properties for families, then maybe Bayside is best. If however you wish to target young couples/singles/business people, then maybe Newfarm or the Valley is best.
Do you want to target long term or short term tenants? You may get much more revenue for short term tennants than long term tenants. Also, consider if you wish to rent out furnished or unfurnished. Again this will be determined by your prospective customers. Also any services you may need to offer will be determined by the types of consumer you target.
Perhaps the best thing to do is work out which market [consumer] you wish to serve and this will determine the type of property and the location.
Sorry I can't offer anything else...... but good luck with your venture
There are a few people on this site who already rent out properties in this area so will be better qualified to give you their views, however here's my thoughts.
You need to look at your market and target your prospective clients accordingly. If for instance you decide to buy properties for families, then maybe Bayside is best. If however you wish to target young couples/singles/business people, then maybe Newfarm or the Valley is best.
Do you want to target long term or short term tenants? You may get much more revenue for short term tennants than long term tenants. Also, consider if you wish to rent out furnished or unfurnished. Again this will be determined by your prospective customers. Also any services you may need to offer will be determined by the types of consumer you target.
Perhaps the best thing to do is work out which market [consumer] you wish to serve and this will determine the type of property and the location.
Sorry I can't offer anything else...... but good luck with your venture
Mar 21st 2006, 12:12 pm
#5
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Joined: Nov 2005
Location: Melbourne's Inner North
Posts: 1,003
Re: investment Property, Brisbane
hey tabby...
buy ma hoose!!! our landlord has just upped and decided that she's selling!!!!
we're good tenants!!!
buy ma hoose!!! our landlord has just upped and decided that she's selling!!!!
we're good tenants!!!
