the top's in, page-5

Activity is picking up in SE Qld and prices have moved a bit but my prediction the booms of Syd and Melb would run out of puff before decent growth occurred here. The problem remains that entry costs are too high, returns are too low, and the prospect of growth in either is almost non-existent.

The much touted advantage of leverage in property means you can make a lot with a little input, but it works both ways, and I wouldn't want to be leveraged at all into something that at the moment is a house of cards.

Lots of nice places coming on the market on the Gold Coast, sales prices not spectacular, but have to admit tempted to buy if I find "the one".