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Yes I understand this now, and I agree with you. I will have to look at my options now, and hopefully I can get out of the Epping contract.

I don't want to invest only in Berwick. It was just a thought.

haha yes I live in Berwick. And no offense taken. Half the people who say Berwick is a dump haven't even been here. But anyway, was just wondering what a good location would be to buy in that's all.

Hi all, I was wondering what everybody's opinions were on purchasing an IP in Berwick (South East Melbourne). Thanks!

Yes it certainly does I understand that I am following a strategy, but I feel like I am having trouble trusting the strategy. Hopefully I will figure it all out. Thankyou very much everybody for your help and advice. Very much appreciated.

For a quick turnaround am I better off buying in new suburbs, ones like Craigieburn and Epping North? For long term I would buy in a more established suburb. I know what you mean by suburb and townhouse or house. At this point I just feel confused because to me, Cragieburn seems like a family...

Capital Growth most definitely.

Good question, I have no idea. Is this mandatory for every build? will it be in my contract somewhere? Or is it something that I would have to specifically ask to be put in my contract?

Aaron, sorry if this is a stupid question, but what is a sunset clause?

Jtkumnick I am a Novice. I am 25 and this is my second investment so I am confused. My first investment was a unit in Chelsea. It's basically a 10-12 year buy sell strategy.

Well the budget can be stretched out to $440,000. Originally I signed a contract to build a 4 bedroom in North Epping for $440,000 with a settlement date of September this year. The settlement date has been blown out to June next year, with the likelihood of the home being completed in...

Also, is there a different suburb that I would be better of buying in with my budget?

I guess it wuld be more of a question of which one would grown better? I always thought that land was worth more.. but is there more of a demand for a townhouse? I am not sure..

I really think it would end up being around the same to be honest, the house maybe a little bit more

Well the property investor said with the townhouse I can expect to get $320 - $340 so when I looked up houses on domain I am assuming I can expect $360 - $380

$340,000 each. they both cost exactly the same. The townhouse was recommended by the property investor and so when I looked at the estate I found that I could bvuy the house and land turn key exactly the same price.

Hi guys, I am new to this forum so apologies in advance if I have posted in the wrong place. Basically, I am looking at purchasing an investment property and have been getting help from a property investment company in Melbourne. I am looking at buying in Craigieburn in Victoria. I...