One house in a blue-chip suburb or two houses in a middle suburb?
- Thread starter DonG
- Start date
'...6 of one, half a dozen of the other...'
If you purchase in a middle ring suburb that's about to go bananas price-wise, you may be better off than one solid blue chip performer.
Completely up to you DonG
Having 2 assets in different suburbs may spread the risk also, when one's down, the other may be up (markets within markets).
What's your investor profile...do you like risk or are you more comfortable with a relatively safe blue chipper?
Are you reducing your rental market by buying blue chip...ie only those that can afford it will rent it?
Looking forward to hearing more details...suburbs etc?
Regards,
M&M
If you purchase in a middle ring suburb that's about to go bananas price-wise, you may be better off than one solid blue chip performer.
Completely up to you DonG
Having 2 assets in different suburbs may spread the risk also, when one's down, the other may be up (markets within markets).
What's your investor profile...do you like risk or are you more comfortable with a relatively safe blue chipper?
Are you reducing your rental market by buying blue chip...ie only those that can afford it will rent it?
Looking forward to hearing more details...suburbs etc?
Regards,
M&M
Very much agree.
The question can even be extended to:
...or 2 "blue-chip" suburb apartments.
The Y-man
