Hi All,
Having a self doubt moment.Just put a deposit down on a 4 bedroom single level house in Caddens ( Grey Oaks Estate ) which is in Claremont Meadows. I paid $550,000 which I believe is comparable for similar houses at Jordan Springs, Ropes Crossing etc. It is a Investment property only with rent about $480 per week.
I know the estate at Caddens was hotly sought after with people camping out to secure blocks. You can hardly get a block in that section of Caddens. All of the things that I looked at gave me confidence :
Has anyone bought in there yet ? Are they happy with it ? Thoughts on capital growth potential. I believe it has great potential but will that potential fizzle out with the numerous estates popping up everywhere .
Feedback appreciated as always.
Having a self doubt moment.Just put a deposit down on a 4 bedroom single level house in Caddens ( Grey Oaks Estate ) which is in Claremont Meadows. I paid $550,000 which I believe is comparable for similar houses at Jordan Springs, Ropes Crossing etc. It is a Investment property only with rent about $480 per week.
I know the estate at Caddens was hotly sought after with people camping out to secure blocks. You can hardly get a block in that section of Caddens. All of the things that I looked at gave me confidence :
- University next door
- Close to Transport
- Close to M4 motorway
- Close to Penrith & westfields etc
- Close to Nepean Hospital
- Good quality schools nearby etc
- Erskine Park Industrial Park nearby
Has anyone bought in there yet ? Are they happy with it ? Thoughts on capital growth potential. I believe it has great potential but will that potential fizzle out with the numerous estates popping up everywhere .
Feedback appreciated as always.
