Hey guys
What are your thoughts on the Ponds? Just spent the last 2 days in the area talking to people. Seems like a great area with good infrastructure and the train line coming in 10 years. Maybe good CG.
However it is very far away especially as I work in the CBD.
We are close to getting the last block of land currently available there - 480sqm for $370k. Then build on it for $250k.
Can stay there or rent it out after a while. Think rental might be good but while there is no more land there now would be another release in a year or so.
Good idea or not?
What are your thoughts on the Ponds? Just spent the last 2 days in the area talking to people. Seems like a great area with good infrastructure and the train line coming in 10 years. Maybe good CG.
However it is very far away especially as I work in the CBD.
We are close to getting the last block of land currently available there - 480sqm for $370k. Then build on it for $250k.
Can stay there or rent it out after a while. Think rental might be good but while there is no more land there now would be another release in a year or so.
Good idea or not?