250K deposit for IP.
I am thinking about buying two houses around $400k or spending on one house around 800K.
eg. in central coast.
buy 2 $400K house in Wrong, blue heaven, San Remo, Lake Munmorah, toukley.
Or 1 house around $800k in Terrrigal, killcare, avoca, umina, st hubert...
I am looking at a waterfront house in main road, Toukley，it?s a narrow road with water in both sides , and just saw a news that flood hits Toukley homes, what you guys think it a good buy or not?
Is it a good investment to buy in Tukley?