Currently rent in Mulgrave, want to be first home owner..
Tossing up between these two.
My choices are either save $100k and grab a bargain in a "Good" part of Dandenong North which is a bigger house with nice huge garage that Im after. Im local around here so can pick the good parts of this suburb that normally has a bad name.
Or
Spend 50k to 100k more and get a place in Rowville, may or maynot have a garage can probably put one up myself..
Aim - First property as a stepping stone near my old folks place in Mulgrave, so appreciation is important..
Appreciation is what makes me hesitant of Dandenong North, but at the same time buying a first home in dandenong north is pretty easy compared to rowville appreciation would do better than my bank account I believe but Rowville I feel more easy for the prices to go silly in future since its not really attacted to stigma of bad suburbs..
Is my logic valid?
Tossing up between these two.
My choices are either save $100k and grab a bargain in a "Good" part of Dandenong North which is a bigger house with nice huge garage that Im after. Im local around here so can pick the good parts of this suburb that normally has a bad name.
Or
Spend 50k to 100k more and get a place in Rowville, may or maynot have a garage can probably put one up myself..
Aim - First property as a stepping stone near my old folks place in Mulgrave, so appreciation is important..
Appreciation is what makes me hesitant of Dandenong North, but at the same time buying a first home in dandenong north is pretty easy compared to rowville appreciation would do better than my bank account I believe but Rowville I feel more easy for the prices to go silly in future since its not really attacted to stigma of bad suburbs..
Is my logic valid?