All Topics / General Property / Opinions on best suburbs under $500K in Aus??

Viewing 13 posts - 1 through 13 (of 13 total)
  • Profile photo of SashSash
    Member
    @sash
    Join Date: 2010
    Post Count: 91

    Hey Guys,

    Curious to hear other peoples ideas on best suburbs currently/upcoming across Australia? For all strategies.

    Thanks

    Sash.

    Want It. Own It. Enjoy It. Achieve It.

    Profile photo of ajayayyarajayayyar
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    @ajayayyar
    Join Date: 2005
    Post Count: 176

    In NSW under $500k i would say –

    – granville
    – rosehill
    – tamworth (Regional)
    – wagga wagga (Regional)

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    Sash, there are still quite a few suburbs in Canterbury-Bankstown which are sub-$500k. Many have rail access or the M5. You may not pick up a brick house but there are plenty of big blocks on offer suitable for duplexes or more.

    Profile photo of desiluckydesilucky
    Member
    @desilucky
    Join Date: 2011
    Post Count: 34

    Blacktown for sure,,,,, good for IP,, or even own dwelling as houses still affordable,,,,,, good rental income,,,, Major transport HUB, self contained,,

    Profile photo of ladyhawkladyhawk
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    @ladyhawk
    Join Date: 2010
    Post Count: 13

    Ballarat in Victoria…It is an hour away from Melbourne.

    Profile photo of christianbchristianb
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    @christianb
    Join Date: 2009
    Post Count: 386

    Have a look at West Heidelberg in Melbourne.
    Spotswood seems to be good value.
    Also Bendigo or Castlemaine in Central Victoria.

    Profile photo of kris07kris07
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    @kris07
    Join Date: 2007
    Post Count: 101

    I would have to agree with Ladyhawk, Ballarat is certainly one to look out for.

    Geelong is doing very well also.

    Profile photo of N@thanN@than
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    @n-than
    Join Date: 2010
    Post Count: 241

    Doesn't look like many QLDer's on this thread but I think Townsville, QLD is promising and you can get decent houses under $500 000. It has plenty of different Industries and was announced QLD's second Capital city with the aim to reduce the overcrowding on the South East Coast.

    Profile photo of Jason700Jason700
    Member
    @jason700
    Join Date: 2011
    Post Count: 17

    tbh why don't you talk to a professional and get them to give you their advice… I mean you don't know us, <moderator: delte language>. Anyway thats what I think

    Profile photo of Jamie MooreJamie Moore
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    @jamie-m
    Join Date: 2010
    Post Count: 5,069

    Anywhere in Canberra :)

    You won’t find many CF + IPs but the CG is generally consistent (and has historically been in the double digits). The yields aren’t too bad and the vacancy rates are extremely low.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of Andrew_AAndrew_A
    Participant
    @andrew_a
    Join Date: 2003
    Post Count: 392

    I will talk up my area since nobody else is stepping in for Brisbane and SEQ :)

    The question is general so in reply I will pose the following general thought question.

    There has been a divide in the performance of the greater Brisbane area (including the growth corridors to the coasts and Ipswich). In broad brush strokes the higher quality areas have outperformed the mortgage belt areas. Would you then be looking on an identical dollar for dollar basis to invest X$ in a gentrified area 2-4k from the CBD which has held it's own nicely or gained in value over the last few years, or would you instead be looking to invest X$ in an suburb 25k+ from the CBD where values might have fallen 10-20%? (Might be 1 x 600k house compared to 2 x 300, but dollar for dollar to be fair). I have my own thoughts on this but I find people with strong opinions on both sides.

    Profile photo of angelinsydneyangelinsydney
    Participant
    @angelinsydney
    Join Date: 2011
    Post Count: 270

    Hello,

    Auburn.  Close to the Sydney CBD.  15 mins on Express train.

    Angel

    Profile photo of beediebeedie
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    @beedie
    Join Date: 2007
    Post Count: 158
Viewing 13 posts - 1 through 13 (of 13 total)

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