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Gordon

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Re: Gold Coast
Reply #60 - Apr 28^th, 2017 at 12:22pm

Lisa Jones wrote on Apr 28^th, 2017 at 11:35am:

Redmond Neck wrote on Apr 28^th, 2017 at 11:31am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:17am:

Gordon wrote on Apr 28^th, 2017 at 11:09am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:04am:

Jovial Monk wrote on Apr 28^th, 2017 at 10:55am:

With homeowners already in mortgage stress and the next move by the RBA will be up I would not invest in Sydney and Melbourne either.

The RBA has SFA to do with that!

You haven't got any money to invest anywhere anyway.

Demand is still insane.
I went thru a knocker downer yesterday with dual oc potential. Offered 2.5 and got knocked back as it has to go to auction as it's a deceased estate.

There were about 5 builder types sniffing around it too

Yep....Sydney and Melbourne have a long way to go before any market correction takes place.

And that's a fact!

"Thats a fact!"

Famous last words one would hear from a Real Estate Agent, Car Salesman or any other con man! Grin

Oh God.....another nutter with no money, no property under their belt and no idea.

Shocked

It's getting harder to buy/develop and flip.

The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy.

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greggerypeccary

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Re: Gold Coast
Reply #61 - Apr 28^th, 2017 at 12:25pm

Gordon wrote on Apr 28^th, 2017 at 12:22pm:

Lisa Jones wrote on Apr 28^th, 2017 at 11:35am:

Redmond Neck wrote on Apr 28^th, 2017 at 11:31am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:17am:

Gordon wrote on Apr 28^th, 2017 at 11:09am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:04am:

Jovial Monk wrote on Apr 28^th, 2017 at 10:55am:

With homeowners already in mortgage stress and the next move by the RBA will be up I would not invest in Sydney and Melbourne either.

The RBA has SFA to do with that!

You haven't got any money to invest anywhere anyway.

Demand is still insane.
I went thru a knocker downer yesterday with dual oc potential. Offered 2.5 and got knocked back as it has to go to auction as it's a deceased estate.

There were about 5 builder types sniffing around it too

Yep....Sydney and Melbourne have a long way to go before any market correction takes place.

And that's a fact!

"Thats a fact!"

Famous last words one would hear from a Real Estate Agent, Car Salesman or any other con man! Grin

Oh God.....another nutter with no money, no property under their belt and no idea.

Shocked

It's getting harder to buy/develop and flip.

The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy.

Spending that $2.50 would mean your kids might have to put on another pair of tracky dacks just to keep warm.

Keep it for heating, Gordy.

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Lisa Jones

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Re: Gold Coast
Reply #62 - Apr 28^th, 2017 at 12:26pm

Gordon wrote on Apr 28^th, 2017 at 12:22pm:

Lisa Jones wrote on Apr 28^th, 2017 at 11:35am:

Redmond Neck wrote on Apr 28^th, 2017 at 11:31am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:17am:

Gordon wrote on Apr 28^th, 2017 at 11:09am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:04am:

Jovial Monk wrote on Apr 28^th, 2017 at 10:55am:

With homeowners already in mortgage stress and the next move by the RBA will be up I would not invest in Sydney and Melbourne either.

The RBA has SFA to do with that!

You haven't got any money to invest anywhere anyway.

Demand is still insane.
I went thru a knocker downer yesterday with dual oc potential. Offered 2.5 and got knocked back as it has to go to auction as it's a deceased estate.

There were about 5 builder types sniffing around it too

Yep....Sydney and Melbourne have a long way to go before any market correction takes place.

And that's a fact!

"Thats a fact!"

Famous last words one would hear from a Real Estate Agent, Car Salesman or any other con man! Grin

Oh God.....another nutter with no money, no property under their belt and no idea.

Shocked

It's getting harder to buy/develop and flip.

The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy.

Of course it is.

But you can and should get in while you can.

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

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Redmond Neck

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Re: Gold Coast
Reply #63 - Apr 28^th, 2017 at 1:50pm

Lisa Jones wrote on Apr 28^th, 2017 at 11:35am:

Redmond Neck wrote on Apr 28^th, 2017 at 11:31am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:17am:

Gordon wrote on Apr 28^th, 2017 at 11:09am:

Lisa Jones wrote on Apr 28^th, 2017 at 11:04am:

Jovial Monk wrote on Apr 28^th, 2017 at 10:55am:

With homeowners already in mortgage stress and the next move by the RBA will be up I would not invest in Sydney and Melbourne either.

The RBA has SFA to do with that!

You haven't got any money to invest anywhere anyway.

Demand is still insane.
I went thru a knocker downer yesterday with dual oc potential. Offered 2.5 and got knocked back as it has to go to auction as it's a deceased estate.

There were about 5 builder types sniffing around it too

Yep....Sydney and Melbourne have a long way to go before any market correction takes place.

And that's a fact!

"Thats a fact!"

Famous last words one would hear from a Real Estate Agent, Car Salesman or any other con man! Grin

Oh God.....another nutter with no money, no property under their belt and no idea.

Shocked

Says Two Bob Lill from her Govy flat in Hurstville!

Grin

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ALL AUSTRALIA IS FOR ALL AUSTRALIANS!

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Sprintcyclist Gold Member Offline OzPolitic Posts: 39522 Gender:	Re: Gold Coast Reply #64 - Apr 28^th, 2017 at 2:08pm Quote: ..................The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy. ............... 2.5 is way beyond my zone
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greggerypeccary

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Re: Gold Coast
Reply #65 - Apr 28^th, 2017 at 2:21pm

Sprintcyclist wrote on Apr 28^th, 2017 at 2:08pm:

Quote:

..................The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy.
...............

2.5 is way beyond my zone

It's way beyond Gordy's, too.

He usually likes to keep it down to just $2.

He needs to save all his money for heating bills, and tracky dacks for the kids.

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Gordon

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Re: Gold Coast
Reply #66 - Apr 28^th, 2017 at 2:27pm

greggerypeccary wrote on Apr 28^th, 2017 at 2:21pm:

Sprintcyclist wrote on Apr 28^th, 2017 at 2:08pm:

Quote:

..................The place I saw yesterday could be done if bought for 2.5 but would need to bring in builders from a lower wage economy.
...............

2.5 is way beyond my zone

It's way beyond Gordy's, too.

He usually likes to keep it down to just $2.

He needs to save all his money for heating bills, and tracky dacks for the kids.

Where can I get me one of those coin operated gas heaters?
If she wants heat she can raid her piggy bank.

Anyway, it's a balmy 20 here today.

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« Last Edit: Apr 28^th, 2017 at 2:37pm by Gordon »

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Gordon

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Re: Gold Coast
Reply #67 - Apr 28^th, 2017 at 5:31pm

Sprintcyclist wrote on 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.

Nice and close to the beach. The place I linked to further back, what would be the real world driving times to the beach? Google maps says 12 mins. What about on Saturday/Sunday morning when everyones heading to school spot, beach, nipper etc.

Does the traffic get poo there?

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Sprintcyclist

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Re: Gold Coast
Reply #68 - Apr 30^th, 2017 at 12:17am

Gordon wrote on Apr 28^th, 2017 at 5:31pm:

Sprintcyclist wrote on 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.

Nice and close to the beach. The place I linked to further back, what would be the real world driving times to the beach? Google maps says 12 mins. What about on Saturday/Sunday morning when everyones heading to school spot, beach, nipper etc.

Does the traffic get poo there?

google maps are usually quite good.
It looked a lot more than that.

Yes, traffic gets busy.

There is a world of difference between walking/cycling down for a swim and 'packing the car' to drive down for a swim.

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Gordon

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Re: Gold Coast
Reply #69 - Apr 30^th, 2017 at 10:43am

Sprintcyclist wrote on Apr 30^th, 2017 at 12:17am:

Gordon wrote on Apr 28^th, 2017 at 5:31pm:

Sprintcyclist wrote on 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.

Nice and close to the beach. The place I linked to further back, what would be the real world driving times to the beach? Google maps says 12 mins. What about on Saturday/Sunday morning when everyones heading to school spot, beach, nipper etc.

Does the traffic get poo there?

google maps are usually quite good.
It looked a lot more than that.

Yes, traffic gets busy.

There is a world of difference between walking/cycling down for a swim and 'packing the car' to drive down for a swim.

We can cycle to the beach quicker than driving/parking but it's all about the kids, surfboards and stuff

If I ever moved, it would be for the combination of acreage (even if it's only 2-3) with access to the beach.

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tickleandrose

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Re: Gold Coast
Reply #70 - May 1^st, 2017 at 3:42pm

Hi, if you want an acerage (or 2 or 3) and able to ride to the beach, then you will struggle with 1 to 1.5 on gold coast main areas. Perhaps go up north a bit more, if you prefer QLD, or south if you prefer NSW.

For 1 to 1.5, if you want the location, then, suggest smaller blocks on Mermaid beach - on the beach side. If you are looking for own property. For investment, I say, instead of sinking all your gold into one 1.5 property, go with 2 to 3 smaller properties with bigger land component. So may be duplex, 1970s flats, or small houses.

In terms of gold coast as a whole area. I think you missed the bottom by about 3 years, its getting towards the peak. Everyone is saying its going to up further after commonwealth games, but I have my reservations. The commonwealth village is going to provide extra supply with good infrastructure to Southport. And that may have a flow on effect to gold coast. Plus, we dont know how China will go given the un-predictable Trump presidency, so we dont know how tourism will go. I be inclined to wait until the dust settles after the commonwealth games next year and wait and see.

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