Hi all,
I'd like to hear your opinion about buying an IP in St Albans.
I am well aware the it has a reputation for being a problematic area, crime etc, so I am not asking for St Albans horror stories.
I'd like to know if people feel St Albans has potential for capital growth over the next 3 to 10 years.
Obviously its one of the cheaper areas to buy in Melbourne, most 3 bedrooms seem to be selling between 300-400.
Its affordable and the rental return seems reasonable.
I also wonder with the upcoming developments due to happen within Sunshine over the next few years, will this help capital growth in St Albans.
So far I've been advised that if I buy in St Albans, stick to the east side of St Albans and try and stay close to the shops/train station.
Any insight, opinion and advice is most welcome.
Thank you.
I'd like to hear your opinion about buying an IP in St Albans.
I am well aware the it has a reputation for being a problematic area, crime etc, so I am not asking for St Albans horror stories.
I'd like to know if people feel St Albans has potential for capital growth over the next 3 to 10 years.
Obviously its one of the cheaper areas to buy in Melbourne, most 3 bedrooms seem to be selling between 300-400.
Its affordable and the rental return seems reasonable.
I also wonder with the upcoming developments due to happen within Sunshine over the next few years, will this help capital growth in St Albans.
So far I've been advised that if I buy in St Albans, stick to the east side of St Albans and try and stay close to the shops/train station.
Any insight, opinion and advice is most welcome.
Thank you.