Mount Druitt, NSW

[stormd]

Sadly no. Read page one than skipped to three. I seem to have found my answers neatly in the middle.

Thanks for the help.

 

[moses]

I just made a thread re mount druitt, and seen this thread

looks positive!

i bought my unit for 210K - anyone know if that price was decent?



maybe i should consider buying another unit there? anyone know if the bank would lend me more money? considering im only making 50K a year and already owe 180k?

 

[Lil Skater]

i bought my unit for 210K - anyone know if that price was decent?

Better have been a special unit for that price!

Where abouts is it, how many bedrooms etc.?

 

[moses]

hythe street.. 2 bedrooms plus a study

across from police station/ westfields

you think thats expensive? ive heard quite different

 

[skater]

In Hythe St? How old is it? You can get 2 bedders much cheaper, as Lil suggested, however I am presuming that this is a more modern unit. How much are you getting for rent?

 

[moses]

yeah that is hythe street.. and units there are apparently selling for 230 now?

its quite modern..

i think Nathan from here knows which units i mean

26a hythe

 

[skater]

yeah that is hythe street.. and units there are apparently selling for 230 now?

its quite modern..

i think Nathan from here knows which units i mean

26a hythe

This one:
http://www.realestate.com.au/property-unit-nsw-mount+druitt-106534400?activeSort=price-asc

http://www.realestate.com.au/property-unit-nsw-mount+druitt-106686098?activeSort=price-asc

Unfortunately list price is often not sell price.

 

[moses]

yeah that one.. EDIT

hopefully i wont lose out!

 

[DanielG]

Units for $230K??? 3 years ago I bought a 3 bedroom house on 700 sq m for just $200K in the same area.

Currently tenanting @ $260 though I could raise it to $280-290 if I wanted.

You will be paying additional money in strata and other corporate fees which will diminish your cash flow. I would have negotiated down closer to 205K

 

[moses]

I did negotiate. I got it for 210.

230 is what their asking now..

 

[DanielG]

Ah k thats fine then. Good buy

 

[Uncle Tony]

Hi,

I was just reading this thread. What about investing in a Unit in Hythe St or Luxford St in Mt Druitt. Seems rental market is very good and yield is nice?

I am looking for investment and if anyone can help me whether investing a Unit in Mt Druitt will be good?

Cheers