Location: Melbourne East / Outer East
Budget: $500 to $550K
Will be investment for next 3 years and then make it our primary home.
What I am not sure is that if its worth
1. getting a house with some land in Bayswater/Croydon/Moorolbark area
2. a 3bed townhouse closer to city say near mitcham/nunawading/box hill.
decent school would be a requirement in next 3 years.
capital growth would be nice too
although, I have not looked at the numbers ...am assuming that the % growth in locations such as mitcham should be more than what the house would be worth in outer eastern suburbs..unless ofcourse you subdivide etc
thoughts from folks in that area ?
thanks in advance
Budget: $500 to $550K
Will be investment for next 3 years and then make it our primary home.
What I am not sure is that if its worth
1. getting a house with some land in Bayswater/Croydon/Moorolbark area
2. a 3bed townhouse closer to city say near mitcham/nunawading/box hill.
decent school would be a requirement in next 3 years.
capital growth would be nice too
although, I have not looked at the numbers ...am assuming that the % growth in locations such as mitcham should be more than what the house would be worth in outer eastern suburbs..unless ofcourse you subdivide etcthoughts from folks in that area ?
thanks in advance
