1M investment is crazy in this area.
Crazy indeed. Hate to see the mortgage bill (well, if it's mortgaged)
http://www.realestate.com.au/property-house-vic-keysborough-117795399
http://www.realestate.com.au/property-house-vic-keysborough-117708419
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1M investment is crazy in this area.
Close to springy,ethnic majority drives the price or where they want to live.
Re:Shovelhead.
wouldn't exactly say springly would rive prices up
wouldn't exactly say springly would rive prices up
Personally, I would go for a 3 bedroom townhouse so you get a small land component while also being able to buy closer to the city. This is a better balance for capital growth IMO. Big houses in the outer suburbs just depreciate as they get old. They don't stay new and shiny forever.
Dear Y-man,
Thank you for your advise, I agree South Morang could be one better choice, but I have heard the site cost for South Morang is high due to its land. By the way, do you guys have any idea the transporation by drive, as there is no freeway in north of Melbourne, took longer time to get into CBD?
Time to drive into city you mean? Generally makes no difference if there is a freeway or not IMHO. Freeways cna take you lots longer because you get stuck on them and have no alternative when someone breaks down.
Head south to Reservoir and then down St George takes you into the City. Big roads most of the way.
May I ask why you want to drive to city?
The Y-man
couldnt think of a worse suburb for ivnestment in metro melb then truganina
couldnt think of a worse suburb for ivnestment in metro melb then truganina
Hi, TMNT, I do not understand why you are thinking truganina is worse to invest or live, from my point of view, it is close to city, traffic jam is not that bad as PC. Stockland one property called Allura is there, it has good vision, but it is true need more time.
another thing I think is West-East Link, this is nothing to do for truganina?
Now, if you have a affordable budget, such as 600K, what is proper location to invest or live? south east Townhouse? North? or far away place like Geelong?Please advise. TKS
Dear Y-man, What I mean is suppose you have got a job in city CBD or south east, so normally people living in South Morang will take public transportation instead of drive? thanks.