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I see, how much do you roughly think 1 bedroom in Ermington is worth (median price)? I'm aware of that. There was a rumour that the jail will be moved to somewhere else... nevertheless, there's children's park there along side Newington town centre and I've been to both, very family oriented...

Silly me, I'll have a look into it.

Hi Jamie, Thanks for your reply. Can you recommend any good sites to read up on these pros and cons? + This is the property I'm talking about (already out in domain!) http://www.domain.com.au/property/new-developments/new-apartments-off-the-plan/nsw/ermington/?adid=2011796171&sp=1...

Yes it is... it is waterfront section but very expensive given the location isn't as convenient (it is close to Parramatta, 40-45 min drive to CBD). Not sure if it's worth investing into given 1 bedroom prices around the area is roughly 500k-550k I believe...

Thanks, I think once it's settled, we claim it back as well but wanted to make sure... I think I do.. But then again, if the property is over 600k, I don't think I'm getting much... Thanks mate, do we pay all these right now or when the properties are settled (running cost should be...

Hi everyone, First time posting here. I have few questions regarding buying it off the plan. I'm planning to buy a property that cost roughly 622k (1 bedroom, 1 bathroom, 1 car park space) in Ermington with my girlfriend. It will be built in 2017 so we have 2 years to pay off the rest...