There are 3 different ways to create a positively geared property in Brisbane in the current market.
1. Buy a house in South Brisbane and build a granny flat*.
2. Buy a house in West Brisbane and build a granny flat*.
3. Buy a piece of land or find a house to knock down in South or West Brisbane and build a brand new dual income property*
*Brisbane is one of the few remaining capital cities in Australia where you can still find a positively geared property close to the CBD. *
It’s important to note that local councils are constantly their town planning policies and just because your site complies with the current town plan doesn’t mean it will comply with changes in the future.
We recommend you undertake careful due diligence by calling and emailing town planners, solicitors, builders, and the appropriate council before purchasing any QLD property.
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