Howdy all,
I am looking to purchase an investment property in Melbourne - not comfortable with interstate investments.
I wish to keep my deposit at around the $80,000 mark for this purchase. Happy to pay lenders mortgage insurance.
I am primarily focused on capital growth as rental income is not as important to me as my surplus income is around $8-10k net per month. I would also be interested in something with future development potential.
I have grown up in the S/E burbs, but I am open to investing in other areas around Melb.
Am I best speaking to a buyers advocate? Are they worthwhile?
Any advice offered would be very much appreciated.
Thanks.
I am looking to purchase an investment property in Melbourne - not comfortable with interstate investments.
I wish to keep my deposit at around the $80,000 mark for this purchase. Happy to pay lenders mortgage insurance.
I am primarily focused on capital growth as rental income is not as important to me as my surplus income is around $8-10k net per month. I would also be interested in something with future development potential.
I have grown up in the S/E burbs, but I am open to investing in other areas around Melb.
Am I best speaking to a buyers advocate? Are they worthwhile?
Any advice offered would be very much appreciated.
Thanks.