What are your opinions about purchasing property in Moorooka, with potential to develop in 5-7 years? I've been looking at 3 bed houses on decent sized blocks (600m+) for under $400k, some with LMR zoning.
Moorooka is only 7-8km from the CBD, with loads of upside. It's a bit of a dump at the moment, but next door to Greenslopes and Annerley (hospitals, transport, schools etc).
Here's a couple of links to get the conversation started. Unfashionable yes, but surely a good bet in the long run?
http://www.realestate.com.au/property-house-qld-moorooka-112669887
http://www.realestate.com.au/property-house-qld-moorooka-111536623
http://www.realestate.com.au/property-house-qld-moorooka-112464215
Cheers,
Ricky
Moorooka is only 7-8km from the CBD, with loads of upside. It's a bit of a dump at the moment, but next door to Greenslopes and Annerley (hospitals, transport, schools etc).
Here's a couple of links to get the conversation started. Unfashionable yes, but surely a good bet in the long run?
http://www.realestate.com.au/property-house-qld-moorooka-112669887
http://www.realestate.com.au/property-house-qld-moorooka-111536623
http://www.realestate.com.au/property-house-qld-moorooka-112464215
Cheers,
Ricky