Hi, I wish to buy one or more investment properties in Western Sydney area. When I say western Sydney, I mean the areas from Parramatta onwards upto Penrith (if I follow the railway line), and all the sorrounding suburbs in this region. Apart from this I am also including areas around Quakers hills etc.
I am in a position to invest about 1.1 million (including loan amount) to buy properties. Even though I live in Sydney, my knowledge of this region is limited and I am a bit lost.
I am also inclined towards the idea of small development (like subdivision, townhouses/duplex construction) etc.
So, I request you (the experienced investors) to suggest me few ideas about what best can be done with about 1.1 mil in this region.
I am in a position to keep these investment properties for long term.
Please suggest me the suburbs presenting the best prospects in the scenario discussed above.
I will be grateful for all your suggestions.
I am in a position to invest about 1.1 million (including loan amount) to buy properties. Even though I live in Sydney, my knowledge of this region is limited and I am a bit lost.
I am also inclined towards the idea of small development (like subdivision, townhouses/duplex construction) etc.
So, I request you (the experienced investors) to suggest me few ideas about what best can be done with about 1.1 mil in this region.
I am in a position to keep these investment properties for long term.
Please suggest me the suburbs presenting the best prospects in the scenario discussed above.
I will be grateful for all your suggestions.