Quote:
Originally posted by The Other Steve
Jump on a plane and come to Queensland but bring your cheque book with you.
Go to little places along the coast like Yeppoon and start buying waterfront houses - nothing flash - just basic 3 to 4 bedroom houses. In around five years those places are going to be worth big money.
Down here where we live a 4 bedroom house on 1/4 acre block just across the road from the beach just went for 4 million.
The owner didn't even have it on the market - a resort developer just knocked on the door and offered him the 4 mil with no haggling - a week later the cash was in his bank account.
In 5 years time Yeppoon and further north is going to go the way of this place and developers are going to be walking around with suitcases full of money.
A house like that would be going for around $A300,000 or even less atm - that's $US221,504.42 at the current exchange rate.
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