Hi Guys,
I'd appreciate any advice with our first investment property as I am a newbie.
We are looking to buy our first IP around the $550k-$600k range. We really like the south eastern suburbs, ie Armadale, Malvern, Caulfield (VIC).
I know that we will be are probably unable to get a house in that price range so we are looking for an apartment/unit - at least 2 bedrooms and parking (~80m2). Preferably close to the heart of the suburbs - ie close to transport, shopping centres, etc etc
Does anyone have any suggestions? Do you think I'm priced out even for apartments for these areas? Does anyone have average figures for these areas?
Any advice is welcomed. Thanks all
I'd appreciate any advice with our first investment property as I am a newbie.
We are looking to buy our first IP around the $550k-$600k range. We really like the south eastern suburbs, ie Armadale, Malvern, Caulfield (VIC).
I know that we will be are probably unable to get a house in that price range so we are looking for an apartment/unit - at least 2 bedrooms and parking (~80m2). Preferably close to the heart of the suburbs - ie close to transport, shopping centres, etc etc
Does anyone have any suggestions? Do you think I'm priced out even for apartments for these areas? Does anyone have average figures for these areas?
Any advice is welcomed. Thanks all