Hi Guys
I'd appreciate any advice on Sunshine for a first home/investment property.
My partner and I have saved around $90k. We're looking for a 2 or 3 bedroom house relatively close to the city, for around the $500k mark (which prices us out of Footscray, West Footscray etc).
A few people have advised us to consider Sunshine, as it is 12km from the city and likely to be a good long-term investment.
As we are still quite young, we would probably live in it for a year to get the first home buyers grant and then rent it out (and rent an apartment closer to the city).
Does anyone have advice or suggestions, including other areas we should consider?
Many thanks.
I'd appreciate any advice on Sunshine for a first home/investment property.
My partner and I have saved around $90k. We're looking for a 2 or 3 bedroom house relatively close to the city, for around the $500k mark (which prices us out of Footscray, West Footscray etc).
A few people have advised us to consider Sunshine, as it is 12km from the city and likely to be a good long-term investment.
As we are still quite young, we would probably live in it for a year to get the first home buyers grant and then rent it out (and rent an apartment closer to the city).
Does anyone have advice or suggestions, including other areas we should consider?
Many thanks.