Hi, I am considering buying a property - either build in Wellard or buy in Kwinana (or surrounds)
This will be my first property
Goal: 1) to buy a property and live overseas on the rent for a few years (while earning minimal). 2) To move into the house on return to Oz
Deposit: $220k
Current salary: $80k
Wellard advantage: New house with hopefully little maintenance problems
Wellard disadvantage: no possibility for later expansion after returning home
Wellard disadvantage: hundreds of new houses and potential rental glut
Kwinana advantage: big block with the possibility of putting on a granny flat later and increasing rental yields
Kwinana disadvantage: old house with potential maintenance issues
Any comments? Or perhaps even steer clear of Perth and surround for a while?
Thanks
This will be my first property
Goal: 1) to buy a property and live overseas on the rent for a few years (while earning minimal). 2) To move into the house on return to Oz
Deposit: $220k
Current salary: $80k
Wellard advantage: New house with hopefully little maintenance problems
Wellard disadvantage: no possibility for later expansion after returning home
Wellard disadvantage: hundreds of new houses and potential rental glut
Kwinana advantage: big block with the possibility of putting on a granny flat later and increasing rental yields
Kwinana disadvantage: old house with potential maintenance issues
Any comments? Or perhaps even steer clear of Perth and surround for a while?
Thanks