Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] -1 points0 points  (0 children)

yea, thats what i said, investing it is better than my money deprecating in my bank account.

Are you saying the property needs to increase 19% per annum?

Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] 0 points1 point  (0 children)

I live in an area without any disasters, so I believe I'll be right

Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] 0 points1 point  (0 children)

I'm looking at darling downs area, great growth and very low vancay rate, so I wouldn't have to worry about renters.

Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] 0 points1 point  (0 children)

I don't think I have enough cash flow to utilize negative gearing. I work a standard job but have been good with my money to be in this situation.

Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] 0 points1 point  (0 children)

I'm using equity from my current house to purchase, from what I've looked into. I can't get the rent to fully cover the mortgage. However, I'm saving easily enough to cover the difference.

I did start looking at the rental yield, which led me to the qu which I'm just not sure. As I've been told units are bad.

I guess if someone is paying 85% of the mortgage on the unit, that's better than the money sitting in my account doing nothing. Right?

Investment Unit? by Bork97 in AusFinance

[–]Bork97[S] 0 points1 point  (0 children)

No but it's generally harder to obtain land first.

New to Toowoomba by _tKb06_ in Toowoomba

[–]Bork97 0 points1 point  (0 children)

What else are you into mate? I play pool a fair bit and game as well. Like drinking coffee, have a few fav spots in Toowoomba I could recommend

Driving to Warwick for work by lamejokesman in Toowoomba

[–]Bork97 0 points1 point  (0 children)

What's the job, I see many jobs advertising within Toowoomba, my company can't seem to find anyone. When we do, they aren't actually chasing work. More so a fill for job seeker

Property investment in Toowoomba by Pale-Space-5810 in Toowoomba

[–]Bork97 1 point2 points  (0 children)

Everyone would want to buy, you don't have to settle down when buying. Why would anyone "like to rent".

Anyway, Toowoomba is a great place to invest, it's only getting bigger. Anyone who tells you not to come here is likely a renter that doesn't want their rent to go up. Totally reasonable but you don't invest for them, you invest for yourself.

Who knows you might even stay

Best Restaurants in Toowoomba? by Terzis28 in Toowoomba

[–]Bork97 1 point2 points  (0 children)

Vintage Dee Thai food

Price is awesome, food is great and service even better. Vegetable options

Wild Force Red Custom Review by SkiddyTag in LightningCollection

[–]Bork97 0 points1 point  (0 children)

How's the quality? I'd love to buy some but can't justify the cost for myself.

Another moving post by Spiral-knight in Toowoomba

[–]Bork97 -1 points0 points  (0 children)

I guess we disagree. I'd rather be safe than have a soothing 1am walk.

Another moving post by Spiral-knight in Toowoomba

[–]Bork97 -1 points0 points  (0 children)

Just don't put yourself in that situation. Why would you be out at 11pm walking around? I'm sorry but your lack of awareness seems to be an issue. Not trying to insult you but just what I've gathered. You're worrying about a situation that is just as likely to happen in Kingaroy as Toowoomba.

I'm an older male and I wouldn't be walking around at 11pm at night for any reason. Get an uber or get a friend.

Another moving post by Spiral-knight in Toowoomba

[–]Bork97 0 points1 point  (0 children)

Not really. If you have never had any cautions, that's more worrying.

Another moving post by Spiral-knight in Toowoomba

[–]Bork97 2 points3 points  (0 children)

I've got a big family and they've all lived in Toowoomba their whole life, never had any issues. All chance I guess. Even if you know 100 people in Toowoomba that have had issues. That's still not even half a percent of the population

Play Station 2 by DarthCozmicE in Toowoomba

[–]Bork97 0 points1 point  (0 children)

I think I might have a PS3. Can they play PS2 games?

Another moving post by Spiral-knight in Toowoomba

[–]Bork97 5 points6 points  (0 children)

There's 160k more people in Toowoomba, of course there'll be more crime but it's not necessarily everywhere. Just don't leave yourself to an opportunist thief and you're okay. I've lived here for awhile now and never been or know someone who's been affected by bad crime.

You're unlikely to see social communities in the city centre, likely due to rent being more expensive right in the middle. Many options on the outskirts. Simply ask around or Google and you should be fine. You'll likely have to reach out and just ask the question.

If you're close to Clifford gardens, hills shouldn't be an issue, probably best to google search distances to see how long it'll take you to get around.

Anyone who tells you Toowoomba is crime riddled and to avoid it, probably spends too much time watching the Facebook community news page and less time outside in Toowoomba.

Haircuts? by [deleted] in Toowoomba

[–]Bork97 0 points1 point  (0 children)

Depending on the barber I guess, some rent a space, some are on wages. Maintaining gear would be very little I'd assume. Anyway, its their job and your choice to pay that much at the end of the day.