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In Reply to: RE: Renos are fun! posted by dave c on September 01, 2008 at 06:27:05
Inner-ish city Brisbane. Probably start with an older unit in a character building. That is, a builing with character, which may or may not have its fair share of inhabiting characters... especially in West End and Hill End where I used to hang until early this year.
Follow Ups:
... did you move or what?
Hang on, weren't you finishing a degree?
West end is an area that has some legs for the next few years.
And this next year is a great time to buy.
I probably renovated 8 or 9 places in Britain and it's fun to do. NOt quite so much fun as you spend evening after evening sitting in dust, but fun anyway!
It's also the best way of moving up the property ladder.
All you need to do is look at A LOT of places first and then figure out THE THING that a place has going for it.
A view, a big living room, a something that you can accentuate.
The redevelopment plans for West End are enormous, and whilst in maybe 10 years it will have lost its... bohemian(?) flavour (just like New Farm) it will massively increase in price.
With the housing slump, repossessions etc, the rest of this year, even with the rate reduction we just had, is going to be hard on the market and thus a good time to buy.
You will become a Saturday morning wanderer round open houses for a few months mate!
Keep all the agents' details of places in a big file and write notes on them about the places. Soon you will know the market better than they do.
You will also have a wealth of information that you can refer back to.
Happy hunting!
Hi Dave
Finished my BHSc (Nutritional Medicine) late last year, moved to Sydney with my girlfriend, then got a job back up in Brisbane (New Farm) doing clinical research (of sorts), living out of a suitcase at my sister's place out in the sticks (culture shock!)... have been travelling to and from Sydney ever since. My girlfriend and I are moving back to Brisbane at the end of this month.
Thanks for the advice on renovation and the property market. Yeah, West End has big plans... it has changed over the eight years I lived there - it is losing some of its relaxed charm, and will continue to do so - but for now is still West End: a sort of a bohemian country town 15 minutes walk from the CBD. Unique. I would like to buy an older apartment there, renovate and live in it until West End changes significantly, then move on. By that stage I should have started and completed my Biostatistics Masters and will be able to work from a home office for the most part - convenient location will not be important. Thinking the hills around Brisbane or Northern NSW... lots to do to get to that point tho.
Frankly, in the near future I just want to get out and enjoy some music, theatre, film etc. with friends and get my home audio system sorted (currently non-functional!).
How are you finding Ferny Hills - is it on the way to Mt Glorious? I often drive there when I need a time out / dose of good ol' mother naature. How does it feel to be distanced form the Powerhouse? ;^)
Cheers
It's not so bad up here.
In addition to West End, Bulimba might be a worth thinking about. Nice social life there and a quick hop across the river on the ferry. Lots of slightly unfashionable apartment buildings.
You might like to think of Mount Mee and Boonah for future moves.Mount Mee has the most wonderful views to the north9ish) and Boonah is likely to get a rail link into the city. It's only 68Km out.
I looked their myself and will do so again when I want to move on.
No, Ferny Hills is really nice. Quiet and leafy. Pretty.
I visited Mt Mee a while back. A really nice place that I put out of my mind because it was just a little too far out of town at the time. That may not be relevent in a few years tho. Back on the list with a bullet.
I see two blokes hanging out on Mt Mee, listening to off-kilter tunes, talking left-of-centre politics, as a good ol' QLD storm rolls in from the west. Hey, that actually sounds great!
Cheers Dave
... of land and you can see forever.
Or nothing in a storm!
I was there once and I watched the Glasshouse Mountains disappear in cloud.
Only a few houses there right on the edge.
Not too expensive at present because as you say, it's just that little way from town.
But...
.
Amore. Very nice modern Aussie. A lot of Italian. Huge Pizzas.
.
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