How is it a good buy? How would someone expect to make money on it if investing?
They don't People don't buy houses in Wentworthville for 1.3 mill for an investment.. They buy to live, hence pushing the prices stupidly high
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How is it a good buy? How would someone expect to make money on it if investing?
Second property is over 1200 sqm. Price seems fine to me.
They don't People don't buy houses in Wentworthville for 1.3 mill for an investment.. They buy to live, hence pushing the prices stupidly high
They don't People don't buy houses in Wentworthville for 1.3 mill for an investment.. They buy to live, hence pushing the prices stupidly high
Wentworthville is 1 train stop away from Parramatta.
I won't say it is stupidly high - just that it is next door to Sydney's 2nd CBD.
2 Stops Away to be precise... It's Westmead then PArra....
Still.. 1.3 mill for a house in Wentworthville.....
My favourite suburb close to parra would probably have to be pemulwuy and Winston Hills. I can see a lot of people on big bucks who will work in parra buying there.. Just my opinion though..
I don't see anything out of the ordinary in Pemulwuy - new houses on small blocks, and congested streets.
Places along the train line close to Parra are better value for money in comparison - with direct train to the city.
Westmead's a good one too.
I love the houses on small blocks in Pemulwuy. The way of the future I think. I guess that'll make half decent blocks even more valuable
You need to be in 200k house-hold income to be able to afford this...... Am I missing something ? Or perhaps average professional income in Sydney is now closer to 100 ?
Wentworthville is 1 train stop away from Parramatta.
I won't say it is stupidly high - just that it is next door to Sydney's 2nd CBD.
Wentworthville is 1 train stop away from Parramatta.
I won't say it is stupidly high - just that it is next door to Sydney's 2nd CBD.
How is it a good buy? How would someone expect to make money on it if investing?
2 Stops Away to be precise... It's Westmead then PArra....
Still.. 1.3 mill for a house in Wentworthville.....
I'm curious who is buying these houses ? How can an average family household afford 1.3 mill.... Even the deposit 20% + Stamp duty will be over 300k... Paying 1 mill debt with Principal + Interest will be around 4000-5000 per month.....
You need to be in 200k house-hold income to be able to afford this...... Am I missing something ? Or perhaps average professional income in Sydney is now closer to 100 ?
1.5 years ago we were looking for a house in the inner west and prices were not 1.3 million. So yes, 1.3 mil is stupidly high for Wentworthville.
They've been saying Parramatta is the 2nd Sydney CBD for the last 30 years. Parramatta is just another large suburb.
Darling Harbour is a better location than Wentworthville for an infinite number of reasons I will not waste my time writing about.
I think Westmead is a different ball game altogether.