Looks like i'm going to have a lot of competition.
Over 700 rooms to be provided by the university.
http://www.newcastle.edu.au/current-students/campus-environment/campus-life/accommodation/new-student-accommodation-coming-soon
There is a decent amount of room for the Lounge and tv. The display suit had a dining table opposite the front door and the lounge to the left of it facing the tv on the wall.
Three bedder had a dining table and lounge, but the lounge was really too close to the wall for there to be a normal tv.
The car park is to provide flexibility to rent to family or others than just students. It would also allow me to leave the current car park space devoted to the main house.
Thanks,
Any concerns about the cost of the two bedder when the return on the 3 bedder is likely to be higher? Or the valuation of the property will be way less than what i spend on the 2 bedder.
I do have the option to shrink the two bedder to 50sqm and save about $8,000.
Hello,
I am soon to settle on an IP purchase in Birmingham Gardens (Newcastle). I felt I paid good price for property, currently negatively geared but want to make it cash flow positive through Student accommodation and Granny Flat.
If I move very quickly it is likely that I can build in...
Anyone notice the insightful coment from the real estate agent at the end...
.Real estate agent Michael Harris from Raine & Horne Newtown said he has not seen too many discouraged first-home buyers in the market in the past couple of months.
"I haven't heard anyone say it's too hot," he...
It has been awhile since I have visited this post. Many of you helped me avoid a new development in Gladstone at the time. Thank you!! I would like to monitor what happens in Gladstone in the future and seek your advice as to the three most desirable/ livable suburbs of Gladstone or surroundings...
My bad, not good at remembering names. It was McLachlan Homes. Good luck with it. I don't think we will purchase there. 250sqm land size for a house is hard to get my head around.
Floorplans do bug me. With the one we were considering, it had two rooms and a media room all 3x3m. Am i correct in thinking that you should have at least a main bedroom minimum 3x4m (and ideally with an ensuite) if you hope to sell to an owner occupier in the future?
Hi, I was in Fitzgibbon on the weekend having a look as well. I'am from Sydney so it was interesting to learn more about North Brisbane Suburbs.
I agree with your analysis. I like the estate and how it is land locked. I have the same questions as you regarding your options so can't give any...
In Brisbane today looking around and meet an agent who said he was starting to sell new development (house and land packages) that are currently being discounted by around $60k in Gladstone due to market conditions. Going to be interesting to see if developers have to start dropping prices further.