ok, ill add an opinion, im not banned.....yet
if you are renting there, i think its quite good,
considering how close it is to the city, its quite inconvient to get in and out public transport wise,
I don't mind the restaurants at docklands but the parking is a MAJOR turn off, I go in the evenings so am used to street parking, but there is very little there.
as for the lorimer st side, I know nothing about,
that harbour one, is postioned badly, it looks like an add on, and you can really see/feel the tryhardness of the complex, apparently the commercial rents and the prices of everything are high end (ie market level rent and product prices)
its also at the end of the busy strip, maybe things will change, I don't know
as an investor, they did go through a stage of heaps of apartments, so if you bought at this time, you might have got slightly burnt,
if you bought now, the returns would probably be better then what they got back then, but probably not near the market growth
it happens a lot, and to me, that people want to buy IPs in areas that they might want to live in, in the case that they can't find a tenant or one day, they might want to move into it themselves, I wanted to live in south yarra so I was looking at an IP there, now I look at areas where I would probably never live.
so my opinion, for a renter, docklands is not bad, as a business owner of a retaurant and shop, the risks are much higher, as an investment property you won't bomb out, but there is probably much better value else where!
does anybody know, are there heaps and heaps more apartments still to be built in docklands, or has the pace stopped or slowed down??
