Hi all,
It's great to be a part of this forum. I just joined, so a big hello to all.
I have some basic questions which is why I thought of joining the forum and starting a new thread so that I could get some opinions.
I am considering buying a property which I can live in immediately, am single and plan on living alone, and have a home loan pre-approval of around $450K (but am not necessarily planning on borrowing the full amount). I would actually be able to breathe much easier if I borrowed somewhere between $350K and $400K (anything low is great, obviously!). I currently rent a one bedroom unit in Homebush West, NSW for $360 p/w. So, buying an apartment is preferable, however I am aiming for low strata.
Actually, I don't have an investment mindset yet (I am a bit conservative with an old-school frame of mind) and since this is my first go, I am treading cautiously.
Any suggestions on areas to look out for would be highly appreciated.
Thanks in advance!
It's great to be a part of this forum. I just joined, so a big hello to all.
I have some basic questions which is why I thought of joining the forum and starting a new thread so that I could get some opinions.
I am considering buying a property which I can live in immediately, am single and plan on living alone, and have a home loan pre-approval of around $450K (but am not necessarily planning on borrowing the full amount). I would actually be able to breathe much easier if I borrowed somewhere between $350K and $400K (anything low is great, obviously!). I currently rent a one bedroom unit in Homebush West, NSW for $360 p/w. So, buying an apartment is preferable, however I am aiming for low strata.
Actually, I don't have an investment mindset yet (I am a bit conservative with an old-school frame of mind) and since this is my first go, I am treading cautiously.
Any suggestions on areas to look out for would be highly appreciated.
Thanks in advance!