I am looking to buy a half investment half live-in place in Melbourne with the MAX price of ~550k, prefer to be ~500k for a bit easier repayment, as i need to get 90% loan.
I am single and thinking to rent out rooms to help out mortgage. In future, it may become a investment property and rent the whole house out when i have enough equity to buy the second.
I work in city and travel by train, therefore i need to find a suburb that can travel 30-40 mins to city by train, the place need to be close to station 10-15mins walk max, need to be safe to walk alone at night.
searching criteria:
500-550k
~30-40mins train to city
10-15mins max walk to station
house on its own land, ideally ~400m2
3 bedrooms (rent out 2 rooms)
prefer north or eastern suburb (if i can afford any in the east)
easy rent out, potential capital growth
welcome for ANY suggestions and advice !!!! Thanks in advance !!!
I am single and thinking to rent out rooms to help out mortgage. In future, it may become a investment property and rent the whole house out when i have enough equity to buy the second.
I work in city and travel by train, therefore i need to find a suburb that can travel 30-40 mins to city by train, the place need to be close to station 10-15mins walk max, need to be safe to walk alone at night.
searching criteria:
500-550k
~30-40mins train to city
10-15mins max walk to station
house on its own land, ideally ~400m2
3 bedrooms (rent out 2 rooms)
prefer north or eastern suburb (if i can afford any in the east)
easy rent out, potential capital growth
welcome for ANY suggestions and advice !!!! Thanks in advance !!!