Hello everyone,
Please excuse me if I am in the wrong area or have not fully understood instructions this is my first time on this wonderful site.
I have purchased my second IP a unit off the plans which is due to be built within 18months. Purchase price $223,900 2 bed first floor unit. Since signing I have had nothing but people tell me it is a bad investment in the type of dwelling it is and where it is (20mins from city but is a satalite city)
Not only that I have to pay $10,000 Deposit and stamp duty now ($8,000) which I have borrowed up front and am very wary of continuing this decision. Could anybody help with an honest answer especially if you know Perth if this may be a surprise good investment.
Please see details of units on website below.
http://www.trgproperties.com.au/lake_reflections/
Thankyou and I will lookforward to any help you can give me.
Best wishes"H"
Please excuse me if I am in the wrong area or have not fully understood instructions this is my first time on this wonderful site.
I have purchased my second IP a unit off the plans which is due to be built within 18months. Purchase price $223,900 2 bed first floor unit. Since signing I have had nothing but people tell me it is a bad investment in the type of dwelling it is and where it is (20mins from city but is a satalite city)
Not only that I have to pay $10,000 Deposit and stamp duty now ($8,000) which I have borrowed up front and am very wary of continuing this decision. Could anybody help with an honest answer especially if you know Perth if this may be a surprise good investment.
Please see details of units on website below.
http://www.trgproperties.com.au/lake_reflections/
Thankyou and I will lookforward to any help you can give me.
Best wishes"H"