Search results

I would think as soon as the land in the new estate sells out, which happens fairly quickly with the inner-city developments, any negative impact on CG for the surrounding properties (by there being vacant land so close by) goes away. You have to take into account that land + build is likely to...

There's almost no competition there, Maribyrnong wins if you can afford it, but it's a pricey suburb so I'm surprised it is being compared to Sunshine West. I'm not a fan of Sunshine West, and the new development doesn't change that, which is on the outer border of the suburb.

It's a v-line station though. Not as frequent or as convenient as the metro lines. Electrifcation of the Melton line seems a long time away based on the research I've done. Also, the station is going to be south of the freeway entrance, and I suspect there's already a lot of traffic down that...

Any views on whether the River Valley Estate is a decent place to invest? I drove past it on the weekend and the views are quite nice, the blocks of land available are not too expensive either. RE Sunshine update, this sold for $530,000 at an auction I attended. Very competitive bidding...

Thanks Chris - I need to pay more attention to floor plans. I'm thinking of shifting my focus to Albion where I can get something fairly good in my price range, while hoping that Sunshine might have something for me as well, albeit in need of renovations. Do you have an opinion on...

Plans - rent out for an indefinite period of time, maybe live in it myself in the future. I can't renovate myself beyond making "cosmetic" changes, so I figure that I'm not going to save much money between buying something that needs dramatic renovation (and paying trades to do it) and something...

Thanks for the tips all. After a weekend of inspections in Sunshine, it seems that, realistically, it might be out of my price range for something that isn't a dump. The 2 bedder with potential for a rear-unit has some very annoying easements in the middle of the block (is this common for the...

Thanks for your input! Based off what you said, it seems like a property I'm looking at in Sunshine is a good deal. Small house on a big block, potential to build a townhouse at the rear. One negative to Sunshine is rent is dirt cheap compared my other areas of interest, not a high yield for...

Looking to buy my first IP, I have about 400-450K to spend on townhouse/house, not interested in an apartment. 2+ bedrooms with as much land as I can get in that price range. After months of searching I think that I have narrowed it down to the following suburbs: Sunshine, Albion, Caroline...