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Hi- Great stats by both Jake & JP (though conflicting views were expressed)! To repeat myself, my only point is that with a budget of $450k, I would not have many choices and will be forced to look at suburbs such as Deer park, Ardeer etc., Any other areas to consider?

Interesting to read diff schools of thought. While I appreciate Jake's analysis, my only point is whether a buyer with $400-$450k budget has much choice? With such a budget, one has to look at the areas such as Deer park for houses or areas such as Gelnroy etc., for units. What other...

Interesting to read diff schools of thought. While I appreciate Jake's analysis, my only point is whether a buyer with $400-$450k budget has much choice? With such a budget, one has to look at the areas such as Deer park for houses or areas such as Gelnroy etc., for units. What other...

Hi JP How is the capital growth in Deer Park, Aldeer, Sunshine west? Do you think a house or a unit closer to the station is a good buy? Also, how easy is it let? any thoughts?

Had been to a couple of inspections in Lyndhurst. Prices seem to have increased quite a bit in the last two years or so. Seems to be a good area to invest. Especially around lynbrook station.

i was thinking of going to lynhurst myself - closer to the station. thought house with land would have capital appreciation over 5-7 yrs? also i hear that rental market is strong? somehow, townhouses/units around Glenroy, oakpark seem to be over priced. a two bedroom town house is priced at...

Hi jake - answers to your questions 1. Yes 2. Yes 3. 80% 4. Yes 5. $250 6. Used $100k of equity as 20% deposit. Plus am comfortable with interest only payments on a 500k loan. 7. Not much has gone in identifying suburbs. Couple of friends said these suburbs have good growth prospects...

Hi- I am looking at holding the property for 5-7 years or even more. will be looking for capital growth. Definitely not for re-development at this stage. Being my first IP, am struggling to determine the areas to concentrate on. Any advise is appreciated. I live in eastern suburbs and...

Thanks. But thought property close to lynbrook station would be a good buy?

Hi all I am looking at purchasing an investment property with a budget of $450 to $500k. I am considering Lyndhurst, tarneit, Glenroy. Would appreciate if you could advise if the growth prospects in these suburbs are good. Or are there any other suburbs which I should be considering. Thank you