Hi all,
I have been considering getting a foothold in the Geelong West market. I am looking at a 3br House PPOR that I can rent out rooms, gain first home owners grant, with the potential to completely lease out for some time while I address the principal.
I believe Geelong West offers the lifestyle I'm looking for, but also with great capital growth opportunities. (I am from Geelong originally and know the area very well).
I have been looking at a budget of around $320-360, with a $50k deposit. (although the property may need some work at this price range).
My question is....could anyone help me out with sales data for the last 8 years for growth in Geelong West? Does anyone have an opinion of buying in this area? Anyone have anything to say on potential future growth?
Thanks all!
I have been considering getting a foothold in the Geelong West market. I am looking at a 3br House PPOR that I can rent out rooms, gain first home owners grant, with the potential to completely lease out for some time while I address the principal.
I believe Geelong West offers the lifestyle I'm looking for, but also with great capital growth opportunities. (I am from Geelong originally and know the area very well).
I have been looking at a budget of around $320-360, with a $50k deposit. (although the property may need some work at this price range).
My question is....could anyone help me out with sales data for the last 8 years for growth in Geelong West? Does anyone have an opinion of buying in this area? Anyone have anything to say on potential future growth?
Thanks all!