Good evening folks. First post here.
I am after some advice from people with a bit of experience in the area. I currently own a one bedroom apartment near Victoria St in Richmond. It is my PPOR. I am looking at upgrading to a bigger, one bedroom art deco apartment on Punt Rd, still in Richmond, down near the Yarra. I am after people's opinion on if this is a wise move. It is about $40,000 more expensive than my current place. The big advantage for me is it is a really nice building and only a five or ten minute walk to work. Although it is pretty quiet, I am concerned about the Punt Rd stigma when it comes time to sell.
Let me know your thoughts.
Thanks.
I am after some advice from people with a bit of experience in the area. I currently own a one bedroom apartment near Victoria St in Richmond. It is my PPOR. I am looking at upgrading to a bigger, one bedroom art deco apartment on Punt Rd, still in Richmond, down near the Yarra. I am after people's opinion on if this is a wise move. It is about $40,000 more expensive than my current place. The big advantage for me is it is a really nice building and only a five or ten minute walk to work. Although it is pretty quiet, I am concerned about the Punt Rd stigma when it comes time to sell.
Let me know your thoughts.
Thanks.