Just wondering which suburbs in Melb have good renovation potential.
Mostly for renovation and resale. Any ideas?
Thanks!
Mostly for renovation and resale. Any ideas?
Thanks!
Suburbs in Melb with Reno Potential
- Thread starter JumpinJack
- Start date
Everywhere, inner/middle and outer, just look for the older houses, not the new estate or suburbs etc,
do a search and look at the pics of the place online would be start
do a search and look at the pics of the place online would be start
Budget would be sub 500k.
I was thinking of the bayside suburbs, in the south east. eg from Chelsea to Cheltemham-ish. Any further up towards the city and its too expensive for me.
There don't seem to be many around though?
I was thinking of the bayside suburbs, in the south east. eg from Chelsea to Cheltemham-ish. Any further up towards the city and its too expensive for me.
There don't seem to be many around though?
Hi JJ,
I would also recommend Seaford.
You can find houses only a few hundred metres from the beach (east from the train line) there in the mid $300,000s that are old with good reno potential and will be good for capital gains.
You will need to be quick as prices have jumped up alot there recently.
Bronwyn
I would also recommend Seaford.
You can find houses only a few hundred metres from the beach (east from the train line) there in the mid $300,000s that are old with good reno potential and will be good for capital gains.
You will need to be quick as prices have jumped up alot there recently.
Bronwyn
