Recent content by gcb160

Land is $230k-$280k. I haven't seen any housing commission for sale. I was just seeing what people thought of it. I would consider it for investment if I could afford it. $500k is cheap for a house in Sydney especially for one you wouldn't have to renovate.

What are people's thoughts of the Airds renewal project 'Newbrook'? Land is selling below 300k. When the development has finished it will be 70% private homes and 30% housing commission (as opposed to almost 100% housing commission now). It is only a 5 minute drive to Campbelltown Station...

There are express trains from Penrith so although it looks far away it doesn't take that long to get to the city around 50 mins. Some suburbs are geographically closer but take just as long or longer to get to the city by train. The Penrith region has become quite nice in recent years and is...

Spoken like a person who has never been to Mount Druitt. I was just suggesting places where you could afford to buy an investment property and start making good rental income straight away. You couldn't afford to buy a place to live in Mount Druitt anyway unless you all crammed into a unit. If...

If you don't mind me asking, which area of Sydney do you live in? You could buy a 2 bedroom unit around Mount Druitt, St Marys, Penrith or Campbelltown. They fit your price range and have good rental yield. You may be able to get a townhouse around those areas like I showed before but there...

Your rent is higher than your annual income. I would be worried that I couldn't sustain paying that for very long and live comfortably. I would also be concerned about having to rent as a single person as I became older. Think about how much more you could offer your children if you didn't have...

Here's a few properties you could afford to buy in Sydney using your $350k: http://www.realestate.com.au/property-villa-nsw-macquarie+fields-117974911 http://www.realestate.com.au/property-villa-nsw-ingleburn-118338691 http://www.realestate.com.au/property-townhouse-nsw-werrington-118567803...

You can still find some properties around Western and South Western Sydney for $350k. Why not pay in cash?

Good luck buying in the Hills for $650-700k. Maybe try Quakers Hill or Seven Hills.

I don't think Cambridge Park has a huge amount of housing commission. Social Atlas shows that in 2011 there was only 3%-4% around those streets you mentioned. It doesn't show you specific houses though so you can't see if you are buying next door to housing commission but if the places look well...

People in The Ponds don't like to be called 'West' they consider themselves to be 'North-West'. They like to think they are Part of 'The Hills' but they are actually part of Blacktown. I don't know why people would bother buying there when they could buy at Ropes Crossing for hundreds of...

Which suburbs?

Maybe Glendenning, Oakhurst and Hassall Grove. They are less than 20 mins from Castle Hill down the M7 and they are very close to the North West Growth Centre at Marsden Park.

Good theory. I totally agree with you.

Or use this website: http://atlas.id.com.au/blacktown It uses the census data so it is a little bit old but it gives you an idea of the demographics of different areas. Blacktown Council is very affordable compared to the rest of Sydney so I think it will continue to experience growth and as...