I've just seen the first issue of this magazine and i'm disgusted at how misleading the photographs are for the areas they descibe, and relevent information on what's actually going on there. Gowenbrae for instance is a small pocket of land with a median house price of $310,000 in Melbournes north. What they don't say is that it's a tiny triangle of housing wedged between a freeway, an interstate railway line and Essendon airport. No mention at all of it being in the direct flight path....what a bargain hunters paradise....and all that free carbon dioxide. The photo for this "suburb" was actually taken from the steps of the Shrine of Rememberance 20 km's away. Lovely skyline, lush green grass and plenty of trees. 10/10 for styling but zero for crediblity.
Then there's Oak Park being in close proximity to Essendon and Strathmore, however what they neglet to say is that they are on the other side of the tullamarine freeway, and there's a major demograhic shift in who is moving in to this general area. It's in closer proximity to the main street of Glenroy which is run down and filthy, which has 3 very large pawn shops, out of control graffiti and a building Vietnamese commumnity. It's also very close to Jacana and Broadmeadows which have high crime rates and serious youth drug problems. The photo, an aerial shot of Flinders Street railway station and Federation Square.
Thank you "Your Investment Property" for your enlightenment on these investment gems.
Then there's Oak Park being in close proximity to Essendon and Strathmore, however what they neglet to say is that they are on the other side of the tullamarine freeway, and there's a major demograhic shift in who is moving in to this general area. It's in closer proximity to the main street of Glenroy which is run down and filthy, which has 3 very large pawn shops, out of control graffiti and a building Vietnamese commumnity. It's also very close to Jacana and Broadmeadows which have high crime rates and serious youth drug problems. The photo, an aerial shot of Flinders Street railway station and Federation Square.
Thank you "Your Investment Property" for your enlightenment on these investment gems.