Just sitting at work thinking and researching on property - What to do!!
So thought I would get a bit of insight from the Forum..... I have cash ready to purchase a property and was looking at Inner West Sydney over the last 6-12 months however it seems to have increased a lot (out of control) and I am now having second thoughts about this strategy.....
I already have 2 x IP's and a PPOR in Sydney so there is no issues there, but I want to invest this money wisely....
If I was to have say $100-150k available the options could be:
-Purchase a near $1m house in inner west (Petersham, Dulwich Hill, Marrickville etc) these areas
-Purchase a townhouse/smaller house in SUmmer Hill
-Purchase a cheaper house further out - say Belmore, Lakemba, etc
- Purchase 2 x units in Ashfield, or other areas further our
- Purchase house(s) further out West.... Not really sure which suburbs as haven't really considered but may do some further research
- Purchase interstate - although I am currently exposed to QLD, Melbourne increased too much and other cities seem also unlikely to increse as much as Sydney.
A lot of options I know, but just get worried I have not found anything and now maybe too late or not the optimal decision to purchase in the inner suburbs of Sydney (say 10-15km).
Any feedback that might point me in another direction or re-affirm one of my strategies would be a good starter..... Thanks in advance and hopefully we might get some good ideas?
So thought I would get a bit of insight from the Forum..... I have cash ready to purchase a property and was looking at Inner West Sydney over the last 6-12 months however it seems to have increased a lot (out of control) and I am now having second thoughts about this strategy.....
I already have 2 x IP's and a PPOR in Sydney so there is no issues there, but I want to invest this money wisely....
If I was to have say $100-150k available the options could be:
-Purchase a near $1m house in inner west (Petersham, Dulwich Hill, Marrickville etc) these areas
-Purchase a townhouse/smaller house in SUmmer Hill
-Purchase a cheaper house further out - say Belmore, Lakemba, etc
- Purchase 2 x units in Ashfield, or other areas further our
- Purchase house(s) further out West.... Not really sure which suburbs as haven't really considered but may do some further research
- Purchase interstate - although I am currently exposed to QLD, Melbourne increased too much and other cities seem also unlikely to increse as much as Sydney.
A lot of options I know, but just get worried I have not found anything and now maybe too late or not the optimal decision to purchase in the inner suburbs of Sydney (say 10-15km).
Any feedback that might point me in another direction or re-affirm one of my strategies would be a good starter..... Thanks in advance and hopefully we might get some good ideas?