I recently found a villa just 5 minutes walking away from the Watergarden Train Station, and walking distance to the Watergarden Shopping Centre, schools, child care, gym. The villa is 3 bed room, 2 bath room,2 car park.The asking price is $285,000, rent will be $320 per week or more,Body coporate fee is $2000 per year.
Last year, this townhouse complex had good increase because of First Home Buyer. I am not sure if this villa would be a good investment if I buy now. Will Sydenham have big potential for the captial growth? I heard that there going to build MYER in Watergarden shopping centre, is this will increase the value of the property in this area quicker?
I am a newer for investment property, still in the learning process. Hope someone can give me some advise.
Thanks.
Last year, this townhouse complex had good increase because of First Home Buyer. I am not sure if this villa would be a good investment if I buy now. Will Sydenham have big potential for the captial growth? I heard that there going to build MYER in Watergarden shopping centre, is this will increase the value of the property in this area quicker?
I am a newer for investment property, still in the learning process. Hope someone can give me some advise.
Thanks.