Hi all, just wanted some opinions.
I'm considering buying my first home in Pyrmont, Sydney. The property I'm looking at is a large 1 bedroom with asking price 550k+. With the same price I can get a 2 bedroom in other less prestigious inner city suburbs. 550k for a 1 bedder is really quite pricey, but it is in a great location. I'm just not sure what potential it has for capital gains.
Any opinions would be great.
I'm considering buying my first home in Pyrmont, Sydney. The property I'm looking at is a large 1 bedroom with asking price 550k+. With the same price I can get a 2 bedroom in other less prestigious inner city suburbs. 550k for a 1 bedder is really quite pricey, but it is in a great location. I'm just not sure what potential it has for capital gains.
Any opinions would be great.