Hi all,
I am currently looking at purchasing my first investment property and was looking for some advice as to where to purchase. I prefer Melbourne as that is where I live, but am open to suggestions.
Two options
1. I have a budget of around 400k so was thinking 3Bed houses in areas such as:
-Doveton
-Hampton Park
-Keysborough
2. Go 50-50 with my parents for an IP in an area such as:
-Oakleigh
-Murrumbeena
-Mordialloc / Mentone
-Cheltenham
Any advice at all would be greatly appreciated as I am very new to this.
Thanks for taking the time to read my post!
I am currently looking at purchasing my first investment property and was looking for some advice as to where to purchase. I prefer Melbourne as that is where I live, but am open to suggestions.
Two options
1. I have a budget of around 400k so was thinking 3Bed houses in areas such as:
-Doveton
-Hampton Park
-Keysborough
2. Go 50-50 with my parents for an IP in an area such as:
-Oakleigh
-Murrumbeena
-Mordialloc / Mentone
-Cheltenham
Any advice at all would be greatly appreciated as I am very new to this.
Thanks for taking the time to read my post!