thanks ourhouse.
What attracts me is the long term potential for the area.
Yes crime is high, but I disagree that it is that far from the CBD, I live in Prahran and it took me less than 30 minutes to get there on Saturday morning - yes that is off peak.
I do like the mid term capital growth potential, and the yield makes holding on and some basic renovations quite affordable.
What attracts me is the long term potential for the area.
Yes crime is high, but I disagree that it is that far from the CBD, I live in Prahran and it took me less than 30 minutes to get there on Saturday morning - yes that is off peak.
I do like the mid term capital growth potential, and the yield makes holding on and some basic renovations quite affordable.