Hi,
Looking at buying a PPOR in the southern suburbs of Perth.
I know it will be a cash drain, but will enjoy the intangibles of home ownership.
Got a few options
1. An established suburb with little land available, good schools, facilities - like one of the subrubs near the freeway
2. An outskirts suburb which is just being built up now with a lot of building activity but still lots of cheap land about - like Coolbellup.
3. Or a suburb on the border of establishment.... with suburbs being built up just outside of it.
So we obv are looking at cap growth, but the sacrifice is the quality of the suburb we enjoy. Not looking for a flash house, but something in reasonable nick.
Thoughts????
Looking at buying a PPOR in the southern suburbs of Perth.
I know it will be a cash drain, but will enjoy the intangibles of home ownership.
Got a few options
1. An established suburb with little land available, good schools, facilities - like one of the subrubs near the freeway
2. An outskirts suburb which is just being built up now with a lot of building activity but still lots of cheap land about - like Coolbellup.
3. Or a suburb on the border of establishment.... with suburbs being built up just outside of it.
So we obv are looking at cap growth, but the sacrifice is the quality of the suburb we enjoy. Not looking for a flash house, but something in reasonable nick.
Thoughts????