You may as well buy penny dreadfuls and hope they go from 1c to $5. Gambling. Same as Lakemba. Great returns but expect property to stay at $160K in that area for another 20 years. There is a reason and those who know the area know why.
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You may as well buy penny dreadfuls and hope they go from 1c to $5. Gambling. Same as Lakemba. Great returns but expect property to stay at $160K in that area for another 20 years. There is a reason and those who know the area know why.
How much would those Lakemba places have been worth 10 years ago?
Alex
theres nothing wrong with buying in LebKemba.
HAHAHAHA
How much would those Lakemba places have been worth 10 years ago?
Alex
Could Lakemba be due for gentrification? Its not too far from CBD and has reasonable transport etc. Maybe its a bargain just waiting its turn to happen.
Could Lakemba be due for gentrification? Its not too far from CBD and has reasonable transport etc. Maybe its a bargain just waiting its turn to happen.
id look close for gentrification at the moment such as arncliffe, bardwell park hurlstone park campsie sydenham mascot
lakemba although not seeming that far is miles away because of the stigma
I agree, it should be due anytime soon. Just have a look at how far it is from the city. A mere stone's throw away really. Wonder why people would want to pay so much up Newport or even Killarney Heights way and take the long hike into the city everyday.