- double income no kid and don't plan to have any in foreseeable futre.
- 150k deposit, 700k borrowing capacity (850k -900k is the top price we can pay)
- don't want to pay a premium for good school zones.
- train (or ferry, bus) to city , maximum 40 mins, preferable < 30 mins
- 10-15 mins walking distance to major transport
- reasonably good capital gain potential
Questions:
1. should we buy house or unit? we don't mind but not sure if a 2-3 bed rooms (no reason to go for more) house or especially a unit will significantly affect capital gain...
2, where can I find a "good school zone" map so I can exclude them?
3. which suburbs?
4. should we actually try not to max out our borrowing power and spend much less to satisfy the above criteria (thus being better investment-wise as we are borrowing less... and opportunity to invest in other areas)?
thanks.
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