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  1. K

    Researching on Melbourne

    Ahh, looks like any other not so good suburbs in Sydney. I was expecting burnt down houses and houses with bullet holes. So looks like it Melbourne West is not that bad....
  2. K

    Researching on Melbourne

    Ok obviously you have a strong opinion on west of Melbourne. So for my sanity, given I live in Sydney now, would you (or anyone else) say that how (West)Footscray/Maidstone would compare to which Sydney suburb? Is it equivalent to Blacktown? Doonside? Mount Druitt? What about Sunshine? Is it...
  3. K

    Researching on Melbourne

    Interesting about West Footscray. I haven't thought about that area before. can you advise whether the Yuppies are already moving in masse, or it is still starting? With my budget maybe I am better off buying the next area to be gentrified?
  4. K

    Researching on Melbourne

    Wow, thank you for such comprehensive report! I did not expect such a long and detailed response. Very much appreciated! You are probably right, looks like I won't get much from those areas. That's why I said I was looking more like Villa/Townhouse rather than house. I may need to increase...
  5. K

    Researching on Melbourne

    Well I am sure that Melbourne is not cheap. But should not be as expensive as Sydney. In terms of budget I am looking at spending 400-500K, or even go up to 600K if the property is really good value. Having said that though, the stamp duty is so expensive in VIC comparing to NSW I would really...
  6. K

    Researching on Melbourne

    I am looking at expanding my IP portfolio. Due to Sydney being everything too expensive these days, I am casting the net further out to say Melbourne and Brisbane. Of course another advantage is another land tax threshold available where in Sydney it is easy to go over it (land is so expensive)...
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