Does anyone own investment properties in Bundoora Victoria?
I own a couple of properties in Burwood. My experience has been that due to Deakin rental was yield was high and it was always easy to find tenants (usually students).
However, as the price of properties in Burwood are now starting to become more and more expensive (even now), I am looking at the next suburb to invest in. I need to keep my yield up.
I am looking at Bundoora as it is very similar to Burwood in many ways. Both are within 15kms of the CBD. Burwood has Deakin and Bundoora has La trobe.
However, I have less experience with the northern suburbs. My first impression of Bundoora was that it was quite quiet compared to Burwood, Box hill south. The streets felt less "residential". How are the locals in Bundoora (around the Kingsbury area)? Is it a rough suburb? I would think it would be developing and there would actually be more potential out north. Any comments, views are welcomed.
I own a couple of properties in Burwood. My experience has been that due to Deakin rental was yield was high and it was always easy to find tenants (usually students).
However, as the price of properties in Burwood are now starting to become more and more expensive (even now), I am looking at the next suburb to invest in. I need to keep my yield up.
I am looking at Bundoora as it is very similar to Burwood in many ways. Both are within 15kms of the CBD. Burwood has Deakin and Bundoora has La trobe.
However, I have less experience with the northern suburbs. My first impression of Bundoora was that it was quite quiet compared to Burwood, Box hill south. The streets felt less "residential". How are the locals in Bundoora (around the Kingsbury area)? Is it a rough suburb? I would think it would be developing and there would actually be more potential out north. Any comments, views are welcomed.
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