OK you Gladstone Gurus who have posted above. I have read a lot of threads re Gladstone and have come up with below 3 properties that are for sale.
What do you guys think? Any comments would be appreciated on location etc, value for money and anything else. I want to join you guys in owning something in Gladstone. Thanks in advance.
http://www.realestate.com.au/property-house-qld-gladstone-106754693
16 Mercury Street, Telina, $395,000
http://www.realestate.com.au/property-house-qld-gladstone-107301103
22 Waratah Street, Kin Kora, $449,000
http://www.realestate.com.au/property-house-qld-gladstone-107445431
5 Fergusson Crescent, West Gladstone, $499,000
no guru but my opinion is this:
in the last boom the bottom priced properties increased the most, units especially so if buying a house i would buy at cheaper end.
having said that if i had to choose between those three i would choose the 3rd and most expensive option, don't like waratah area and don't like first property in telina at all.
the third one if furnished would get a massive rent, you would be competing with all the new stuff but would have the advantage of being closer to town and not in the new estates that will suffer regional gridlock as population grows. That property will also have scarcity value where the new estates will have none.