Looking at an investment property house or townhouse. Budget 450k. Anyone have an opinion on those western areas including other surrounding vs the northern ones in terms of long term capital gains? Thanks.
I am also in the same boat however budget 450k, should I buy new townhouse in Glenroy/pascoe vale or similar or a house in deer park/cragieburn/broad meadows? I guess new townhouse less maintenance but perhaps a house better for CG growth due to bigger land?
I have also been looking at melb suburbs with a similar budget around 400k. Considering Deer Park, Dallas, Cragieburn, Broadmeadows, Glenroy, Jacana, Epping etc.
Trying to decide on an older house or newer townhouse with better location.
The 4 mentioned are areas that I feel have the potential for CG in the long term however I welcome other suggestions. I am interested in a suburb that may be undervalued in the long term and in my price range, would also prefer a house on 500m+ over a unit/apartment/townhouse thanks for reply.
Looking to buy a IP 3 bedroom brick home in Melbourne with a long term plan of holding approx 20 years. Budget is 410k but ideally would like to spend around 370k.
Broadmeadows only 16km from cbd but not a lot of infrastructure and lower socio economic, Glenroy similar. Not a lot of recent...