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  1. S

    Thoughts? West Melbourne, first investment

    I am looking at these areas but have a look at the Southeast ...clue near Southeast West ...near Werribee..... Geelong....Armstrong Creek.....hope that helps...
  2. S

    Thoughts? West Melbourne, first investment

    Yes...H&L is House and Land and CG is Capital Gains..... Steer clear from units within 10 klms of the Melbourne CBD..for that matter most property within the 20 klms is almost fully prices. I am seeing H&L packages which are unbelievable value compared to even Brisbane, Perth, and...
  3. S

    Thoughts? West Melbourne, first investment

    Sorry to be so blunt.....but are you knuts!! The inner city apartment market is oversupplied and recipe for disaster. You are much better to get a H&L package in the Northern suburbs on a small block of land for $330-350k odd with a return of 360-380 pw. Much better proposition for CG. The...
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