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We are thinking in Melton west. Anyone have any thought on this.
Agents are probably the worst people to talk to. Don't speak to people with vested interests because you will get bad advice
A good idea to go and visit Melton and have a look around. I recently purchased a block of land in the Botanica Springs estate in Brookfield, which is just east of Melton South. It was my first investment property and we started building on the land this week. I purchased the land in May, 2010 for around $120k and the land two blocks down just went on the market for $178k. So lets say that the block is overpriced and it only sells for $160k. Guess what all you nay-sayers about Melton? It's still gone up $40k in value in less then a year. Pretty good in my books. Anywhooo. I strongly recommend you go down to Melton, have a look around the town, the other suburbs and get a feel for the place.I am new to shares and IP, this is our first investment property planning to buy. I am planing to visit Melton this weekend or next weekend and chat with few real estate.