Checkout our latest articles

Townsville Property Investment News August 2017

Townsville’s economic strengths, and resilience in the face of global uncertainty, have seen it acclaimed as the natural second capital city of Queensland.

By even moderate predictions, Townsville’s existing 180,389 strong population will increase to at least 263,870 people over the next twenty years. This means that the local economy must continue to grow to maintain the city’s quality of life, and develop new services and business opportunities.

“Sentiment has continued to build in Townsville’s residential property market
which is consolidating at the start of the recovery phase. Even so, the recovery
for houses is advancing much more successfully than for land or units.”

-Residential, Herron Todd White (August 2017)

[read more from the residential review below]


Townsville Economic Drivers & Lifestyle Choice

Townsville has a diverse mix of economic drivers for the region with the largest military presence in Australia, agriculture valued at $346 Million, key Federal funding allocation to reflect the Northern Australia development agenda, untapped tourism markets, the population numbers to underpin infrastructure growth, unique education and research institutions supporting educational tourism and a tropical lifestyle with 300+ days per year of sunshine and key local tourism destinations like Magnetic Island.

Residential Property Review (August, Herron Todd White)

“Over the past few years, local and out of town investors have typically been more attracted to housing product over unit stock as the rental market, particularly for units, remains in oversupply along with ongoing buyer aversion due to high body corporate expenses. Local investors appear to be typically attracted to entry level stock in the sub $300,000 price bracket, whilst out of town investors
are generally in the $300,000 plus price bracket.
” -Residential Property Review (August, Herron Todd White)

Property Investment Opportunities Townsville

Latest Stock

Latest Investment Property >> Lot 463 Delaware Gr, Liberty Rise

Latest Investment Property >> Lot 484 (No 29) Delaware Green, Liberty Rise

What is a SMSF loan?


What is an SMSF loan?

An SMSF loan is a property loan used by a self-managed super fund (SMSF) to buy investment property. They have become a very common loan type in recent years with the increasing popularity in Australia for more and more individuals taking control and managing their own superannuation. The returns on the investment – whether that’s rental income or capital gains – are funnelled back into the super fund, increasing your retirement savings.

Investing in property within superannuation is not quite as straightforward as investing outside the superannuation environment with a property investment loan. All investments need to be in the best interests of fund members and in accordance with the laws around SMSF borrowing, for instance, any property investment should have an income stream and realistic prospects for capital growth.

Self-managed super fund property rules

The property:

  • Must meet the ‘sole purpose test’ of solely providing retirement benefits to fund members
  • Must not be acquired from a related party of a member
  • Must not be lived in by a fund member or any fund members’ related parties
  • Must not be rented by a fund member or any fund members’ related parties.

(SMSFs and property)

Getting financial advice

The right kind of financial advice can really make a big difference and help you with planning and strategy for making potential investments and planning retirement. Financial advice can give you confidence that your future plans are realistic and achievable. If you’re not on track to achieve your goals, early advice can help you put the right strategies in place, or come up with more realistic goals. Our division at Best Wealth Creation can assist you with advice with SMSFs and making decisions to purchase property.

The benefits of seeking financial advice can include:

  • Set and achieve your financial goals
  • Make the most of your money
  • Get any government assistance you’re entitled to
  • Feel more in control of your finances and your life
  • Avoid expensive mistakes
  • Protect your assets

Financial Advice and Setting up

To enquire about setting up an SMSF you can contact our Financial Planning side Best Wealth Creation at our Townsville office on 07 4779 0555.

Best Wealth Creation Pty Ltd and Jeminna Best are authorised representatives of Synchron, AFS Licence No. 243313


Enquire about SMSF Loans

12 + 7 =

Latest Investment Property >> Lot 484 (No 29) Delaware Green, Liberty Rise



Type of Property | H&L Packages

Property Mix |  4 Bed 2 Bath Homes

Price | $464,000

Expected Completion | Available August


This very central address offers the ultimate way of life with home sites suiting a variety of budgets and lifestyles. Within minutes you will find education, employment and health facilities, shopping and entertainment precincts.  Take comfort in an estate that rests at the base of Mount Louisa and captures the cooling breezes.

House and Land Package Specifications

4 Bedroom with Ensuite & Walk In Robe to Main; Kitchen w/ Stone Benchtops; Family/Dining; Lounge; Laundry; Bathroom; W/C; Linen; Porch; Patio; Double Garage; S/S Appliances; Tiles to Living; Carpet to Bedrooms; Security Screens; Blinds; Fully Turfed & Fenced with Auto Irrigation & Landscaping.




Delaware Green, Mount Louisa QLD 4814, Australia

Latest Investment Property >> Lot 463 Delaware Gr, Liberty Rise

LOT 463 (No 30)


Type of Property | H&L Packages

Property Mix |  4 Bed Home

Price | $395,500

Expected Completion | Complete


4 Bedroom with Ensuite & Walk In Robe to Main; Kitchen; Dining/Living; Bathroom; W/C; IT Nook; Linen; Porch; Patio; Double Garage; S/S Appliances; Tiles to Living; Carpet to Bedrooms; Security Screens; Blinds; Fully Turfed & Fenced with Auto Irrigation & Landscaping.

Lot 463 Plan

• 25 Year Structural Warranty to Original Owner
• 12 Month Maintenance Warranty
• 6½ Year QBCC Warranty (Qld Build & Construct Commission)
• Solid Masonry Block Ext Walls with Full Render
• Custom Built Kitchen with Smartstone Benchtops
• Quality Stainless Steel Appliances incl Dishwasher
• Full Air-Con (Fujitsu Inverter splits & Kelv RAC’s)
• Ceramic Tiles to Living Areas; Carpet to Bedrooms
• Remote Control Panel Lift Garage Door
• Security Screens to all Doors & Sliding Windows
• Exposed Aggregate Driveway
• Termite Protection & Insulation
• Quality Fittings & Fixtures incl Feature Lighting
• Investor Blinds Package
• Full Turf & Fencing with Landscaping & Irrigation
• Clothesline, Letterbox, TV aerial
• Tax Depreciation Schedule




Delaware Gr, Liberty Rise, Mount Louisa QLD 4814

Is a Self Managed Super Fund (SMSF) for you?

So you’ve probably heard Self-Managed Super Funds are pretty popular in Australia


Running your own Self-Managed Super Fund known as SMSF is an alternative to putting your money in a retail or industry fund. According to the AFR, today’s SMSFs are so popular that they are the fastest growing super segment in Australia, and “there’s no other sub-sector like it in the world.”

The current number of SMSFs is set to reach 600,000 funds controlling $650 Billion in assets, and the average balance is around $1.17 Million Dollars (APRA data, as of February 2017).


The Advantages of Managing Your own Super


There are some key advantages to SMSF’s like having control over your super, more flexibility in investment choice and you decide what you want to manage and what you don’t. You can pool your super with family members of the fund, and you can also borrow from your super to purchase property.

Many people typically include in their reasons for starting an SMSF, to increase their income, minimise tax, take more control of their retirement contributions, or for using a portion of their SMSF to invest in residential property. A lot of younger people want to manage their super contributions because they are less trusting of retail and industry funds and would prefer to take care of and manage their investments themselves, and this may give more peace of mind.

Whatever the reason may be, SMSFs are not just the domain of millionaires anymore as the costs of administering SMSFs have decreased with time and popularity.


Rules, Reporting and Administration


Starting an SMSF can be empowering and exciting, but there are compliance rules and risks with operating which you need to know about, such as you are ultimately responsible for the ATO’s rules and reporting requirements. If you are willing to do this, you can access opportunities and strategies and the good news is you can get other people to setup and take care of the administration and compliance.


Starting Balance for Starting an SMSF


SMSFs are an option whether you’re employed, self-employed, retired or near retirement.
If you are interested in learning more and getting started, you will need a recommended starting super balance of $130,000- $200,000k which can be a combined sum between spouse or partner. Of course, more and more younger people are starting with less and quickly building their super contributions, but the average starting balance is $200,000 because this is roughly the equivalent cost of running an SMSF instead of a retail fund


Financial Advice and Setting up


To enquire about setting up an SMSF you can contact our Financial Planning side Best Wealth Creation at our Townsville office on 07 4779 0555.

Best Wealth Creation Pty Ltd and Jeminna Best are authorised representatives of Synchron, AFS Licence No. 243313


Latest Investment Property >>> Creeks Edge, Morayfield



Type of Property | H&L Packages

Property Mix |  4 – 5 Bedroom Homes

Price Range | $390,000 – $513,140

Rental Estimate | $370 – $620 per week (approx)

Expected Completion | Varied on Stages


A boutique parkland development situated in the heart of Brisbane’s northern growth corridor. Conveniently located on the Cundoot Creek in Morayfield and with easy access to the Bruce Highway providing a simple commute to Brisbane, the airport and Sunshine Coast, Creek’s Edge has been designed with both locals and interstate buyers in mind.

Creek’s Edge is surrounded by established amenities, and parkland facilities such as playgrounds and barbeque areas. Schools, childcare, shopping centres, specialty retailers and public transport are all close by. Creek’s Edge offers a lifestyle opportunity unmatched in the Morayfield area.




Cnr Bridge Rd & Astley Dr, Melton South, VIC 3338

Contact Jemmy

12 + 12 =

9 Uses for a Personal Loan

These days personal loans are being used for many different uses from purchasing vehicles to managing budgetary cash flow. Personal loans usually have many benefits over a personal credit card including lower rates, fixed loan borrowing limits with equal repayments according to a repayment schedule which can limit the temptation to accrue additional debt, and when you pay off a personal loan your repayments are finished. So you can probably think of a lot more things you can do with a personal loan, but here are 9 uses you may or may not have thought about.


1. Consolidate multiple credit card debts

A lot of individuals or couples may end up with credit cards taken out at different times for different purposes, and the fees and interest rates can become to be a chore to manage. So a very common thing to do is to take out a personal loan and borrow enough to pay off multiple bills or credit card balances. You’ll then reduce the number of debts to manage over the month and save on interest and finance charges if your personal loan rate is lower than finance charges and fees on existing debts.


2. Pay off household debt and medical bills

Over a period of years the household expenses list can grow and grow, and some creditors may quickly forward unpaid accounts to collection agencies that report past-due accounts to credit reporting companies. If you owe a lot, collection agencies may seek court judgments against you. Taking out a personal loan to repay unpaid medical debt can be worthwhile if maintaining or rebuilding credit is important to you.


3. Pay out unexpected veterinary bills

Pets, like people, can have accidents or get sick. Emergency veterinary treatment can rack up thousands of dollars in debt in one occurrence. Follow up treatment and meds may be needed after the initial event. Most vet clinics require payment up front, so you may need to use a credit card and later pay off the balance with a personal loan.


4. Replace or repair your outdoor living area

Outdoor living is great, but not if your lawnmower is broken and your dog ate your patio furniture. Consider using a personal loan to build a deck and outdoor kitchen, or add a water feature to your back yard.


5. Clean and refurbish your in-ground pool or spa

Expecting guests this summer? Make sure your pool or spa is clean and inviting. Replace chipped tile or cement in and around your pool and consider replacing slippery cement surrounding your pool or spa with a textured surface that helps prevent slip and fall injuries.


6. Property improvements

Whether you’re selling or staying in your home, touching up paint, landscaping, investing in energy-efficient appliances and solar panels etc.  investing in property improvements can add value and bring household expenses down over the long term or make your property more saleable when the time comes to move.


7. Pay for your part or all of your wedding costs

Before going all out on financing your dream wedding, consider the after-effects of a long term financial hangover. Using a personal loan to cover part or all of your wedding costs may be an option to reduce the stress associated with the event. How much you can borrow depends on your credit history and individual lender policies.


8. Pay for your holiday

Planning and budgeting is an important part of scheduling a holiday, but many people these days are finding that they can save more money by taking holidays at a quieter time of year and using a personal loan to finance the trip, rather than paying high volume accommodation rental premium prices at the end of the year along with everyone else.


9. Repay loans from family or friends

Few things cause as much trouble in relationships as lending and borrowing money. If your parents loaned you money for your first home or your brother helped you fund moving and relocation costs, repaying your loan sooner rather than later can ease stress and also demonstrate your loan worthiness in the case of future need. Personal loans made by financial institutions are strictly a business transaction, but emotions and resentments can come between family members where money is involved.

Latest Investment Property >> The Haven Estate



Type of Property | H&L Packages

Property Mix |  4 Bed Homes, 2 Bed, 1 Car Garage

Price Range | $432,380 – $451,200

Rental Estimate | $395 – $420 per week(approx)

Expected Completion | Varied on Stages


The Haven is an exclusive land release coming soon to Augustine Heights. Here, you will find affordably priced home sites in a quiet and secluded location of the family friendly community. Offering a natural leafy backdrop, the Haven is a living solution for those wanting to build the dream home, close to all the conveniences of modern living. Located among towering gum trees, Augustine Heights is a premium residential community offering outstanding access to education, shopping and transport and all just 37 kilometres from the Brisbane CBD.


Cnr Christopher Street & Santa Monica Drive, Augustine Heights QLD 4300

Benefits of Using a Broker for Car Finance

Don’t Rush In


Most people will take the time to pick out the exact make and model car they want, the colour of paint, look at the tinted windows and numerous extras, but a large number of people still forget about shopping around for the best deal on car finance beforehand, and this is often an expensive and painful long-term mistake. The sticker price that is looked at is rarely indicative of what car buyers can ‘afford’, or the amount they will finally end up paying on a loan, so it may as well be a made up figure unless you pay cash up front for the car, or take the time to find better finance options.




Organising car finance through a finance broker is a smart idea for people that want to potentially save a lot of money, rather being offered crazy rates and terms when you’re on the car dealers turf, but you can save even more money again by separating the finance from the car purchase. For all practical purposes, the chance of you being able to strongly negotiate at a dealership when they have the car and the finance is highly unlikely. Some people may have thought they can argue with a sales person to drop the price of the car by say $2,000 with their “negotiation skills”, and have had the experiencing of watching while the sales person (looking defeated) walks away to his Manager to ‘see if he can do anything about the price’, returns with exciting news for you! But in reality, the dealership will look to make up the difference in the interest rate and loan terms, and they really lost nothing.


“Being able to hold up a pre-approval in front of the sales person is like waving a big fish in front of a shark, if they’re hungry they’re gonna bite.”


Negotiating can be made really simple and easy when you have the pre-approval in your back pocket, and you can genuinely hold out for the best price and go elsewhere. Being able to hold up a pre-approval in front of the sales person is like waving a big fish in front of a shark, if they’re hungry they’re gonna bite.


Get a Personalised Assessment and Pre-Approval


It makes good sense to be prepared to shop around for finance in the same way you shop around for a car, and it’s actually very easy because BHL does the leg work by reviewing your individual financial situation and receiving the best possible terms from its panel of lenders.

An assessment with a finance broker can structure the monthly instalments to suit your individual budgetary requirements while also providing a very competitive rate -with no hidden fees and costs.

You may even opt to place a large deposit as an option that you may not have considered, or nominate to make a final lump sum payment at the end of the finance term, so you can conveniently decrease your monthly repayments, giving you greater flexibility when managing your budget and planning your financial commitments. You may also have the opportunity to refinance your final lump sum payment at the end of the contract term if you wish.


More Power To You


The success that comes from negotiating a superior deal with BHL backing you, has made many happy customers. Happy to have the desired car negotiated at the best possible price, and finance with the ‘best rates, best loans and best service’.


To organise a complimentary assessment, click the sign-up link button below.


Latest Investment Property >> Elevage Apartments



Type of Property | Apartments

Property Mix |  2 Bed | 2 Bath | 1 Car Apartments

Price Range | $475,000 – $495,000

Rental Estimate | $475 – $495/Week (approx)

Expected Completion | Available


Placed within the heart of leafy Sherwood, this boutique apartment development is home to just 14 residences.

Everything you require is just a few minutes’ walk from away including the Sherwood train station, bus stops, retail and dining opportunities.

Make the most of generous sized bedrooms with built-in wardrobes, high quality appliances as well as open plan living areas that lead out onto a private balcony where you can relax and unwind, or dine with friends.

Ideal for first home buyers, investors and empty nesters, here’s your chance to own a modern apartment in an excellent location that has great family appeal.

Property Key Details

  • Ducted air conditioning
  • Intercom and secure car parking
  • Private balcony
  • 20mm Reconstituted stone bench top
  • Fisher and Paykel dishwasher
  • Baumatic kitchen appliances
  • Roller blinds to external windows and sliding doors

Location Key Details

  • 350m – Bus stops
  • 400m – Sherwood Road retail
  • 700m – Sherwood train station
  • 1km – St Joseph’s Catholic Primary School
  • 1.6km – Corinda State High School
  • 3.6km – The Brisbane Golf Club
  • 8.2km – The University of Queensland
  • 9.8km – Brisbane CBD




56 Hood St, Sherwood, Brisbane, 4075

Contact Jemmy

15 + 12 =