If you had 150k-190k to invest in a PPOR, later to be used as an IP, which of these 3 locations is the most attractive in terms of capital growth:
Keeping in mind that i dont mind moving to a rural location, would Bendigo or even Horsham seem a better prospect than Corio?
I've asked alot of people about the Corio/Norlane area and many people my age (25) say its a dump, full of bogans and high crime. Is this true?
Being closer to Melbourne, I see Corio as having greater CG potential than Bendigo or Horsham, but I could be totally wrong... opinions?
I've narrowed my choices down to these three now. It will be a purchase mid next year and we will have a 10% deposit most likely and FHOG. Prefer mid $100k in price range but willing to go up to 190k if we find something fantastic.
Looking for a 3 (at least) bedroom house, 550sq+ land, nothing old enough to have asbestos and nothing needing structural work. Am willing to do interior rejuvenations before we turn it into an IP in 3 or so years time.
So my main question here is where do YOU see the most capital growth happening - Corio, Bendigo or Horsham?
- Corio (North Geelong)
- Bendigo
- Horsham
Keeping in mind that i dont mind moving to a rural location, would Bendigo or even Horsham seem a better prospect than Corio?
I've asked alot of people about the Corio/Norlane area and many people my age (25) say its a dump, full of bogans and high crime. Is this true?
Being closer to Melbourne, I see Corio as having greater CG potential than Bendigo or Horsham, but I could be totally wrong... opinions?
I've narrowed my choices down to these three now. It will be a purchase mid next year and we will have a 10% deposit most likely and FHOG. Prefer mid $100k in price range but willing to go up to 190k if we find something fantastic.
Looking for a 3 (at least) bedroom house, 550sq+ land, nothing old enough to have asbestos and nothing needing structural work. Am willing to do interior rejuvenations before we turn it into an IP in 3 or so years time.
So my main question here is where do YOU see the most capital growth happening - Corio, Bendigo or Horsham?
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