I think the critical thing with commercial or residential real estate at the moment is no or low maintenance requirements and the area where you will get a good tenant
I spoke with a real estate friend recently and he said that stuff close to the CRB is still in great demand.
From what I've seen on the Gold Coast there are a lot of cheap properties out in the boon docks but the sort of tenant you want will not live there.they need to be near the work, shops, transport etc with better schools.
Queensland rents have always been higher than Victoria for some reason so the return up there has always been better.
It is always easier to buy better than to get a higher price when you sell. Although Can Do will improve things up there the state is still under enormous financial pressure.
