Budget $330k Western suburbs Melbourne

[infocus13]

I cannot see Western suburbs much grow in the long term.

I'm just curious what research or personal experience are you basing that on?

 

[GreyGhost]

With the budget of $330K, you may look at Frankston where a lot infrastructure is growing. High capital gain potential. I cannot see Western suburbs much grow in the long term.

Can you qualify your statement please?

 

[Jake Milne]

Ballarat is the best one here worth considering at that budget in my opinion.

Reasons:
Larger rural centre instead of a small outer suburb, village.
Diverse economy.
Residex projected growth for houses at 6%.
Low-Mid $300,000's can still afford a good size block 600-800sqm.