Reply To: Brisbane suburbs under 450K to invest in

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#26967
Matt DjolicMatt Djolic
Moderator

To be honest, none of the appeal to me due to the low levels of forecasted capital growth. Some of them could present good opportunities for those with a cash flow focus (such as Inala and Acacia Ridge). However even in this instance, their yield would still be in negative territory and the loss would not as such be absorbed by the capital growth as all are no projecting any substantial growth (apart from Ellen Ridge, which by the way is a low confidence projection anyway).

Finally, looking at their GRC, most of them are hovering around the bottom with some showing signs of a rising market. On that note, if I had to chose between these, I would probably settle on Acacia Ridge and Darra, even though they are medium confidence projections.

Hope this helps.