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Lisa Jones

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Re: Gold Coast
Reply #30 - Apr 27^th, 2017 at 9:13pm

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Bobby.

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Re: Gold Coast
Reply #31 - Apr 27^th, 2017 at 9:18pm

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

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Gordon

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Re: Gold Coast
Reply #32 - Apr 27^th, 2017 at 9:21pm

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

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Bobby.

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Re: Gold Coast
Reply #33 - Apr 27^th, 2017 at 9:24pm

Gordon wrote on Apr 27^th, 2017 at 9:21pm:

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

It depends - if you want to live on the Gold Coast then buy a nice place there.

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Gordon

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Re: Gold Coast
Reply #34 - Apr 27^th, 2017 at 9:30pm

Bobby. wrote on Apr 27^th, 2017 at 9:24pm:

Gordon wrote on Apr 27^th, 2017 at 9:21pm:

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

It depends - if you want to live on the Gold Coast then buy a nice place there.

I don't know the GC market but I do know the Sydney market. I can help him buy a good investment here.

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Lisa Jones

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Re: Gold Coast
Reply #35 - Apr 27^th, 2017 at 9:39pm

Gordon wrote on Apr 27^th, 2017 at 9:30pm:

Bobby. wrote on Apr 27^th, 2017 at 9:24pm:

Gordon wrote on Apr 27^th, 2017 at 9:21pm:

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

It depends - if you want to live on the Gold Coast then buy a nice place there.

I don't know the GC market but I do know the Sydney market.

I can help him buy a good investment here.

I would do just that if I were you.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 43607 Gender:	Re: Gold Coast Reply #36 - Apr 27^th, 2017 at 9:49pm It is a matter of research. Track listings and sales for a while—a year at least. Lands titles office in the appropriate state might be able to help with sales data. You can see what sells quickly, what does not, where prices are high and low.
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greggerypeccary

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Re: Gold Coast
Reply #37 - Apr 27^th, 2017 at 9:57pm

Gordon wrote on Apr 27^th, 2017 at 9:30pm:

Bobby. wrote on Apr 27^th, 2017 at 9:24pm:

Gordon wrote on Apr 27^th, 2017 at 9:21pm:

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

It depends - if you want to live on the Gold Coast then buy a nice place there.

I don't know the GC market but I do know the Sydney market. I can help him buy a good investment here.

Once you sell the old weatherboard dump in Sydney, and move down there, you'll get to know the market well enough.

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Lisa Jones

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Re: Gold Coast
Reply #38 - Apr 27^th, 2017 at 10:04pm

Lisa Jones wrote on Apr 27^th, 2017 at 9:39pm:

Gordon wrote on Apr 27^th, 2017 at 9:30pm:

Bobby. wrote on Apr 27^th, 2017 at 9:24pm:

Gordon wrote on Apr 27^th, 2017 at 9:21pm:

Bobby. wrote on Apr 27^th, 2017 at 9:18pm:

Lisa Jones wrote on Apr 27^th, 2017 at 9:13pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Our neighbours lost a lot of money by investing there too.

They bought 2 homes.

It was a WOFTAM.

Thanks Lisa,
we give good advice here don't we?

I told me mate, the subject of the OP to buy in Sydney and rent a place in the GC.

It depends - if you want to live on the Gold Coast then buy a nice place there.

I don't know the GC market but I do know the Sydney market.

I can help him buy a good investment here.

I would do just that if I were you.

My advice?

Do not invest anywhere atm unless it's in Sydney and/or Melbourne. And preferably in that order.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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freediver Gold Member Online www.ozpolitic.com Posts: 47358 At my desk.	Re: Gold Coast Reply #39 - Apr 28^th, 2017 at 6:26am According to the people calling the housing bubble, Sydney and Melbourne are the worst. I'd be very nervous putting my life savings into those markets at the moment.
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Sprintcyclist

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Re: Gold Coast
Reply #40 - Apr 28^th, 2017 at 7:52am

Sprintcyclist wrote on Apr 27^th, 2017 at 2:56pm:

Gordon, I'll have a google later and post ideas here.

That location is far too far away from the beach/creek.
No matter what the agent says.

I go down there a bit.

https://www.google.com.au/maps/place/Tallebudgera+Creek,+96A+Ocean+Parade,+Burle...

try around Nineteenth ave, Guineas creek road, Double view drive, Vantage point drive.

Swimming area is by Tallebudgera creek park, Tallebudgera leisure centre.
On the incoming tide is ideal.

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John Smith

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Re: Gold Coast
Reply #41 - Apr 28^th, 2017 at 7:57am

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

Are they after a beach suburb? or a more rural location? Talle and currumbin valley are nice but in the bush. Still only 10 - 15 minute drive to the beach.
My favourite location is Burleigh. Especially anything near the headland.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: Gold Coast
Reply #42 - Apr 28^th, 2017 at 8:01am

Bobby. wrote on Apr 27^th, 2017 at 7:32pm:

Gordon wrote on Apr 27^th, 2017 at 1:39pm:

Bobby. wrote on Apr 26^th, 2017 at 9:06pm:

Gordon wrote on Apr 26^th, 2017 at 8:02pm:

Bobby. wrote on Apr 26^th, 2017 at 7:35pm:

Gordon wrote on Apr 26^th, 2017 at 4:24pm:

What's the best suburb on the Gold Coast for a big freestanding 4-5 Br house. Budget $1 to 1.5m

The Gold Coast is risky -
I know someone who lost a lot of money by investing there.

Did he accept free flights and accommodation to inspect a new development then used the valuer and mortgage broker suggested by the real estate agent?

It was she & she lived in Coolangatta so knew the area well.

Did she buy off the plan from a shoddy builder or just overpay?

She just overpaid thinking that property would go up -
but it went down in price.

Unlike Sydney and Melbourne where for decades the price has only gone up, the Gold Coast market fluctuates. There are over half a million holiday units here, all owned by investors. As soon as there is a bump in the economy anywhere in the country the investors from those locations sell their property on the gold coast, causing prices here to fall.

If you buy when the market is peaking, you risk losing money on a downturn. If on the other hand you buy during a downturn, you can make a lot of money.

At the moment the market is pretty high, although there are still a lot of good buys out there.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: Gold Coast
Reply #43 - Apr 28^th, 2017 at 8:03am

Postmodern Trendoid III wrote on Apr 27^th, 2017 at 6:38pm:

Sprintcyclist wrote on Apr 27^th, 2017 at 2:19pm:

Gordon wrote on Apr 26^th, 2017 at 7:20pm:

Check out this joint

32 Jersey Court Tallebudgera Qld 4228 http://www.realestate.com.au/property-house-qld-tallebudgera-125304070

I was just going to suggest Tallebudgera.

We go to the creek for a swim often. It is much better than swimming in the ocean.

If the place is within walking/cycling distance to the creek mouth, that would be a strong attraction to me.

Isn't there bull sharks in that creek?

there are bull sharks in all our waterways. Just don't swim at dusk or dawn and you'll be fine

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Gordon

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Re: Gold Coast
Reply #44 - Apr 28^th, 2017 at 8:25am

freediver wrote on Apr 28^th, 2017 at 6:26am:

According to the people calling the housing bubble, Sydney and Melbourne are the worst. I'd be very nervous putting my life savings into those markets at the moment.

There are a few pockets where you could get burned (short term), and then only for apartments where there is oversupply in a few places like Waterloo.

If you buy a block of land within 30km of the CBD, unless you really stuff up, long term negative movement is just about impossible given the population/immigration projections for Sydney.

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