Hi,
I have been looking for an investment property in Sydney in the past couple of months but it just seemed the prices are on the way up up. My price range is around $280K-$300K. I have been looking at units within 15km from city. I have found a 2br unit, near train, near school but in an old block of units, which require some furnishing in the future. However, if I go further away into the west, about 30km from city, I could get a 3br house near train station, on an average block around 500sqm. The rental income is pretty much the same. Which one would you recommend?
Thanks.
I have been looking for an investment property in Sydney in the past couple of months but it just seemed the prices are on the way up up. My price range is around $280K-$300K. I have been looking at units within 15km from city. I have found a 2br unit, near train, near school but in an old block of units, which require some furnishing in the future. However, if I go further away into the west, about 30km from city, I could get a 3br house near train station, on an average block around 500sqm. The rental income is pretty much the same. Which one would you recommend?
Thanks.