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they are starting around the high 400's and range into the mid 500's. They seem like a good long term investment. What put me off is, there are alot of apartments going up in doncaster so there will be alot of supple around completion. also its zone 2 so not number one choice. But it is a...

With my business and full time employment ill be hoping to be around the 130k mark. i agree, i really have to do the maths before signing a contract agreeing to pay over half a million! those sales guys really knew how to get me thinking that i have been missing out my whole life...

I just finished printing your post, i think that your summary points covered every possible outcome. Im extremely glad that i am able to get this kind of info before comitting to this investment. I got sucked into the 'free investment seminar' which loaded me up with an overload of...

Units4me - thank you for your insight, i agree with you 100% i got carried away thinking worst case scenario i will sell in 2 years and make a bit of money but now ive come to realise that might not be the case. Ive got my money in a term deposit for the time being. I am still on the...

Thank you for your thoughts, extremely helpful and eye opening. I have been concentrating on buying OTP and didnt really explore any other options. The apartment i was looking at in vogue got sold, kind of sad but im not going to beat my self up about it. I still think a good OTP choice...

Thank you for that Savanna, very helpful information. Mazda, i think Coburg is a great place to invest! The apartments in doncaster is on Elgar rd very close to Westfield. Having limited funds really does limit my choices, im also opening up a business in a month ( which took a chunk of...

Thanks for sharing that. JoshyBoi i really hope you can get it sold ( im sure u will )

agreed, thats why when i was looking i was looking in bluechip areas so if the market didnt rise unexpectedly, i could sell it for what i bought it (not make a loss)

what gets me thinking is that vogue is 300 apartments of which approx 20 are left on the market. All these people would have invested to either live there or make some money. any thoughts

i was looking at diamonds and gold actually. looks like a might just leave it in the bank, a new car is always on my mind but im not that crazy. i should start a new pole: should i invest in a) OTP vogue b )OTP doncaster c )diamonds/gold d) shares e) car

i really appreciate everyones input and ive decided i will wait. I will revisit this thread in 2 years with either a big smile or a few tears. I have a lot to learn and im very glad i stumbled on this forum, time for me to start reading. Once again thank all, everyone seemed to tell me...

the other option is a larger 89 sq OTP in doncaster, 2 bd 1 bath room 1 car park, only 4 story high, local developer ( not a huge project) they asking for 500,000

I hesitated twice on two other apartments in vogue and they both got sold, so the agent is saying he needs to know as it is the last 2br going for that price, the rest are all 540+

No bank will give me a loan now until i have a steady job. thats why i was looking of the plan as i dont need to get a loan now, just secure investment and sell later. or do i keep the 30k in waiting till next year, get a loan then invest. So i should stay clear of this vogue...

your right aegcp. But i really want to make a start and as i cant get a loan now my only option is to buy of the plan till i start work full time end of this year. I have been looking around south yarra to minimise the risk of a price drop and hence have been staying away from developments...

as my only option is OTP at the moment, do you suggest anything 'better'. this one seems reasonably good value.

also in the contract you can sell before settlement, this was my back up plan if i cant come up with the funds

thanks for reply i have to make decision with in next hour Its a 60sq -no balcony -2 bedroom 1 bathroom 1 car space -not the best view, its on level 3 -Its going for 520 k the one next door is going for 567k Ive been reading your posts y man, i am really going to take your...

Hi guys, i really need some sort of direction. Im in my final year of studies in medical imaging, so have a good chance of securing a job once im finished. I got 30 k saved up and want to use it towards investment. I have been researching off the plan apartments, my plan is to pay...