Lomas would be 8-10 years ahead of likes of Cook. Woman has some vision, does her homework, and would know 100x what the Cook would know about property investment.
She has just called Deception Bay in Brisbane one of the 3, I agree, and you'd look at it now as a snob, and go, its full of riff raff...but some solid homes/ brick and tile on larger blocks for under $300k/ around $300k in places, with positive cash.
$60k and you're in. Come talk to me in 10 years, and I'll let you know my yield and returns in 100%.
The same muppetts will be here in 10 years willing on 50% crashes, and prices will have already moved 50%, then add 5x that for your leverage.
400% return over 10 years with just 5% cap growth or improvements, and you actually own something for ever.
