For example my research has yielded the median price in richmond is around the 500-550K and a good 2 or 3 bed single front victorian style house can be had from 420k upwards, which is pretty decent considering the median prices of the following southern surrounds
hawthorn/toorak/South yarra/Prahran
northern surrounds similar maybe slightly cheaper than richmond, eg. collingwood/abbotsford
is there something not so nice about being north of the river, bridge st and swan st and nice, victoria street has a fair share of asian but nothing wrong with that.
i reckon richmond makes a good investment sense and good location from a ppor point of view as its closer to the city than most of the above locations that can be anywhere from 100k to 400k higher median, in fact toorak is probably even higher.
so whats the problem with Richmond?
also there was an article on domain.com.au stating that richmond was in the top 10 of suburbs likely to perform well in the next cycle.
appreciate local mellyites views please
ta very much
jizzlob
hawthorn/toorak/South yarra/Prahran
northern surrounds similar maybe slightly cheaper than richmond, eg. collingwood/abbotsford
is there something not so nice about being north of the river, bridge st and swan st and nice, victoria street has a fair share of asian but nothing wrong with that.
i reckon richmond makes a good investment sense and good location from a ppor point of view as its closer to the city than most of the above locations that can be anywhere from 100k to 400k higher median, in fact toorak is probably even higher.
so whats the problem with Richmond?
also there was an article on domain.com.au stating that richmond was in the top 10 of suburbs likely to perform well in the next cycle.
appreciate local mellyites views please
ta very much
jizzlob