Quote:
Originally Posted by jbro31
So if one can put a deposit down of say $40,000, (20%) of $200,0000 would it be reasonable to be able to buy a 3 bed house in a suburb half hour off Brisbane for that or not? Jx
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I live in brisbane half hour from the city. you cant even buy a block of land for that! Unless you meant pounds not dollars.
The blocks are around $280,000 to $300,000 then you need about at least $220,000 to build a house.
My daughter and her partner have a unit and its only 2 bedroom like its in a block of flats really and shes north of brisbane about 15 mins out and that is worth $320,000
Thats one of the things i am noticing, since we planned to move here 6 months ago the property market has gone up 29% and because of such a rental demand i cant see it dropping much. it may stabalise.
We sold our house in victoria for $400,000 and the same thing here would fetch around 1 million! We have been looking at buying and cant find anything decent for less than $450,000. and thats nothing in comparison to the house we had in vic, not as big or in as good condition.
You will more than likely be able to pick something up for less than $400,000 if you want to commute for about an hour.
Our plan was to buy a unit here in brisbane and one in the gold coast and use that as a weekend holiday unit, but cant see that happening now as things have gone up so much.
Thats why i dont think we are any better off moving here as my husband extra wages will go in mortgage for something not as nice as we had and we are still away from our friends and most of our family. so i reckon we would be better off going back.
but havnt made that decision yet.
