Sydney buyers blindly mixing with thieves in Brisbane trouble spots

Featured Image

Share it:-

Facebook
Twitter
LinkedIn
Email

Sydney investors are buying up big on Brisbane’s south side, without having ever laid eyes on their chosen properties – and they are buying into suburbs targeted by thieves.

“The Logan City suburbs of Woodridge, Eagleby, and Slacks Creek – all 25 minutes south of Brisbane – are now very popular with Sydney property buyers,” The Daily Mail reports.

“But these suburbs also all featured in Queensland Police’s top suburbs for unlawful entry with intent in 2014-15.”

So, would you buy blind?

You might be a little sceptical of relying solely on internet pictures if you read our story last week on the mysterious case of the disappearing water tower.

But many investors swear that buying sight unseen is a good strategy. Amongst them is well-regarded investor and founder of Destiny property group, Margaret Lomas.

As you’ll read in her books, and in this interview with Australia Property Investor, Lomas says viewing a property inevitably evokes an emotional response, which can make you careless with research.

The moral of this story? If you’re an investor, buy with the head, not the heart and complete all due diligence before signing on the dotted line. If you can’t or won’t view a property before purchase make sure you seek the advice of a trusted local agent who can tell you what the internet pictures don’t show you.

Ready to buy? View our current listings for sale.

Got your investment property? Talk to us about landlording.

Brighter Selling

What's your property worth?

Subscribe to Watt Mail

stay tuned

Everything about local real estate you didn’t know you needed to know!

Newsletter

Get In Touch

Get in touch

  • This field is for validation purposes and should be left unchanged.

Buying

Learn about the buying process.

Renting

Tenant? Start here.

Selling

Get the most out of your sale.

Landlording

All things property management.

Landlording Enquiry

Landlording enquiry

  • This field is for validation purposes and should be left unchanged.

Landlording Appraisal

Landlording appraisal

  • Your details

  • Rental property details

  • This field is for validation purposes and should be left unchanged.

Tenant Enquiry

Tenant enquiry

  • This field is for validation purposes and should be left unchanged.

Vacating Tenant Form

Vacating tenant form

  • The official stuff

  • I/we,
  • give 28 days notice of our intention to vacate our rental property at
  • Your details

  • Vacating details

  • Date you're moving out if you know it
  • This field is for validation purposes and should be left unchanged.

Buyer Enquiry

Buyer enquiry

  • This field is for validation purposes and should be left unchanged.

Book a valuation

Book a valuation

  • Your details

  • Property details

  • Preferred agent
  • This field is for validation purposes and should be left unchanged.