Please see following property presentation presented to us Pre sale, this will go on the market shortly if the sellers don’t achieve asking price. They are asking offers over $450 000. It is currently owner occupied. Nicely renovated with high owner occupied appeal which will attract high quality tenants. The property itself is a set and forget single level brick home, please read on to learn more about why we like this market, we think this property is best suited to you as it will be positively geared, and you are buying in a market which is currently going through a boom, which should allow you to leverage off the equity to be able to purchase property number 2 as you are not utilizing your full pre approval amount on property number 1
It’s with great pleasure to present
The Fraser Coast Regional Council area is located in the Wide Bay Burnett Region of south-east Queensland, about 250 kilometres north of the Brisbane CBD. The Fraser Coast Regional Council area is bounded by the Coral Sea in the north and east, the Gympie Regional Council area in the south, and the North Burnett Regional Council area and the Bundaberg Regional Council area in the west.
The Fraser Coast Regional Council area is served by the Bruce Highway, Fraser Coast Airport (Hervey Bay and Maryborough) and the Tilt Train.
As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.
$450 – $480 p/w
Flood zones are caused by obvious causes. In areas where the terrain is fairly flat and river banks overflow, properties which fall within these catchments warrant higher insurance costs.
A caveat is a ruling or law attached to the property, usually with a contract attached to it. If this is the case, the caveat needs to be understood as to what it is, who it benefits and when or if it expires.
In communications with the listing agent, he/she has confirmed the condition of the property is as the listing shows. This will be verified by our team in the steps moving forward.
There are 3 types of listing stages:
None of these types of listing types define the quality of the property.
The build year should be considered when purchasing properties of different structure types. The price of the property can be reflective of the build year vs the structure type. Some structure types age better than others. At a certain price point, it is worth remembering that land is the appreciating asset, while the dwelling is the depresiationg asset and can be reflective in the age of the property.
Tenure renewals dates need to be considered in rising markets. If the market is rising, your ability to increase rental rates will on be possible at the time the tenants lease period has come to an end.