It was good news for Sunshine Coast property owners this week, with the release of the latest REIQ figures showing positive growth for the region as a whole over the past 12 months. The tree-change trend was well reflected in the figures, too, with acreage property boasting the most growth overall. However, for some, the dream of securing a property seems a distant reality, but according to experts and savvy investors, getting your first property is the hardest. Once you have one property, it’s much easier to build on your portfolio. Just ask the Turners. This local family of seven own 85 properties between them, and they say anybody can do it (see page 36). So, this special Investment Issue of My Property Review is bursting with everything you need to know about property investing, from case studies to expert advice and opinions. So if this, teamed with a recent rates drop and the revised stamp duty, doesn’t inspire you, maybe the selection of hot properties for sale in this issue will.
de Harrison JaEditor
Sub Editor Jemma Pearson Art Director Noel Harris Production Co-ordinator Kara Taylor
6
36
cover story
6
Cover Story
8
My Market Snapshot
25
my people & places my new home & la land and
Learn more about property investing and how to do it
95
The latest REIQ figures reveal new median prices
25 My Suburb
A sneak peek at Palmwoods’ latest property sales
35 My Opinion
Publishers Anarr Higgins Darryl Olson Noel Olson Michael Kramer Editor Jade Harrison
my m y suburb
contents
Ian Buscombe uncovers negative gearing
36 My People & Places
How did a family of seven buy 85 properties?
54 My Feature
SUBSCRIBE NOW! Want to keep in touch with the Sunshine Coast property market? 07 5443 8866
Everything you need to know about being a landlord
55 Auction Action The latest auction results and auction directory
64 Industry News
A look at who’s doing what in the industry
85 Hinterland Looking at the hinterland investment market
Contributors Dorothy Drane, Greg Gardner, Allison Grant, Julie Gatehouse, Ian Buscombe
90 Commercial Investigating the current state of commercial property
91 Classif eds
Property listings and rentals at a glance
94 Directory
A list of property-related products and services
95 New Home & Land
Discover the latest projects and developments
real estate agent index
My Property Review is locally owned and published by Sunshine Coast Alliance Publishing Ltd. ABN 13 124 476 142 Distribution Enquiries: 1300 367 352 p: (07) 5443 8866 PO Box 6362, Maroochydore BC Qld 4558 Editorial: editorial@mypropertyreview.com.au Sales: sales@mypropertyreview.com.au Production: production@mypropertyreview.com.au
9 Ken Guy 26 Henzells 37 RE/MAX 52 First National 55 Harcourts 58 Jean Hamer 60 Vic Murphy
61 65 66 68 69 70 72
Raine & Horne Waterfront Only Property Today Hall & Hall Norm Martin Real Estate Pam Court Real Way
73 74 75 76 78 79 80
Insite Realty Professionals Kawana Brown Realty LJ Hooker Amber Werchon Property Kings Beach Realty Realty Excellence
82 83 85 86 87 89
Mooloolaba Real Estate Elders Real Estate Day & Grimes Glenview Realty Victor Realty Leading Edge
9OUR $REAM 9OUR ,OAN -Y .UMBER "RENDEN "RIAL /WNER -ANAGER -OOLOOLABA "RANCH ) M "RENDEN "RIAL /WNER -ANAGER "ANK OF 1UEENSLAND -OOLOOLABA &OR A FRESH APPROACH TO YOUR HOME LOAN NEEDS CALL MY BRANCH ON OR MY MOBILE ON
"ANK OF 1UEENSLAND ,IMITED !". &EES CHARGES AND THE "ANK S STANDARD CREDIT ASSESSMENT CRITERIA APPLY
My Property Review | September 12, 2008 5
Page 5.indd 1
10/09/2008 2:04:25 PM