My brother in law is looking to purchase a property as a PPR relatively soon (with the view of either converting it into an IP or selling to fund a bigger PPR in the future).
Primarily looking in Lidcombe, but at the pricing of $550k for a 2 bedder unit, im wondering whether Wentworth Point is worthwhile for them (the ones that actually have waterviews - prices are around $590-$650k).
Down side is that public transport is terrible and Im wondering if it will have decent capital growth compared to other areas of sydney (eg Rhodes, Meadowbank, Lidcombe, etc).
Thoughts?
Primarily looking in Lidcombe, but at the pricing of $550k for a 2 bedder unit, im wondering whether Wentworth Point is worthwhile for them (the ones that actually have waterviews - prices are around $590-$650k).
Down side is that public transport is terrible and Im wondering if it will have decent capital growth compared to other areas of sydney (eg Rhodes, Meadowbank, Lidcombe, etc).
Thoughts?
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