Hello Everyone,
I am looking to buy a House in Baulkham Hills/Castle Hills area. My budget is around 600k and max to 700k with 5% deposit. I am planning to make it as an investment property for about 3-4 years and then move in permanently. I need a suggestion on how many bedrooms/land areas are normally available in this price. Which are the best locations in this area in case of Schools and transports (as me and my wife are in profession where chances are more to get a job in city/North Ryde). As i am planning to put this property for rent for 3-4 years what is the rental vacancy rate in this area. As from SQMResearch it is about 3-4% but i need a real advice from insider. I don’t mind to get bit less rent but I can’t afford the empty house without tenants for long time. I have heard about light rails development in Western Suburbs(from castle hills to Bankstown through Parramatta) and read about train line in this area in this forum(as stated by Jacque Parker) Is it possible to get the future development plans for this area from anywhere.
Regards,
Nik
I am looking to buy a House in Baulkham Hills/Castle Hills area. My budget is around 600k and max to 700k with 5% deposit. I am planning to make it as an investment property for about 3-4 years and then move in permanently. I need a suggestion on how many bedrooms/land areas are normally available in this price. Which are the best locations in this area in case of Schools and transports (as me and my wife are in profession where chances are more to get a job in city/North Ryde). As i am planning to put this property for rent for 3-4 years what is the rental vacancy rate in this area. As from SQMResearch it is about 3-4% but i need a real advice from insider. I don’t mind to get bit less rent but I can’t afford the empty house without tenants for long time. I have heard about light rails development in Western Suburbs(from castle hills to Bankstown through Parramatta) and read about train line in this area in this forum(as stated by Jacque Parker) Is it possible to get the future development plans for this area from anywhere.
Regards,
Nik