OK guys soon i will be in the position to buy IP number 2. I bought IP number 1 about 8 months ago in my home town on the south coast nsw.Its still flat around my area so im looking at two options.
Option 1 By local again but a place i can do up or subdivide as i believe capital gains will be some time off yet.
Option 2 Buy somewhere else !!!!
Now i keep comming back to cronulla for a few reasons.
#I have grown up on the beach and want a coastal IP
#I work in aviation with a good chance of working in sydney in my career.
#I would live in cronulla if i had to work in Sydney
#I want to invest in Sydney as i believe its the next to improve
#Places near the water in cronulla seem cheap to me.
Now im thinking 2 bedder unit in block no bigger than 8,Atleast 1 carspace prefer garage.Close to water,beach,train and cbd,Hopefully water glimps.Generally attractive building.Between $250,000 and $350,000
Now what are your thoughts?. I know there are better places to invest but theres alot worse too.
What are the better areas in cronulla? I was thinking near shark island.
Option 1 By local again but a place i can do up or subdivide as i believe capital gains will be some time off yet.
Option 2 Buy somewhere else !!!!
Now i keep comming back to cronulla for a few reasons.
#I have grown up on the beach and want a coastal IP
#I work in aviation with a good chance of working in sydney in my career.
#I would live in cronulla if i had to work in Sydney
#I want to invest in Sydney as i believe its the next to improve
#Places near the water in cronulla seem cheap to me.
Now im thinking 2 bedder unit in block no bigger than 8,Atleast 1 carspace prefer garage.Close to water,beach,train and cbd,Hopefully water glimps.Generally attractive building.Between $250,000 and $350,000
Now what are your thoughts?. I know there are better places to invest but theres alot worse too.
What are the better areas in cronulla? I was thinking near shark island.