All Topics / Creative Investing / suitable wrap areas in melbourne?

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  • Profile photo of jomik1jomik1
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    @jomik1
    Join Date: 2003
    Post Count: 1
    September 21, 2004 - 3:34 am

    can anyone suggest which areas in melbourne are good for wrapping….otten suggests prices under 200k…is this right maybe someone can tell me

    john

    Profile photo of MonopolyMonopoly
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    @monopoly
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    September 21, 2004 - 4:06 am

    Hi Jomiki,

    Not too many place available (to wrap or not) in Melbourne for under 200K and those that are, I hardly think you will be able to add your part to the price to make it a worthwhile exercise.

    Best bet would be to check http://www.realestate.com.au (under Victoria) and using the “advanced search” section refine your search to properties <200K.

    Good luck,

    Jo

    Profile photo of TerrywTerryw
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    @terryw
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    September 21, 2004 - 4:15 am

    You could wrap any property at any price. Doesn’t have to be in the cheaper areas.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of MonopolyMonopoly
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    @monopoly
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    September 21, 2004 - 4:22 am

    That’s true Terry,

    But my point isn’t that the likelihood of wraps isn’t possible; because if people are willing to pay, they will buy. It is more the concern, that properties under <200K are becoming scarcer and scarcer!!!

    Jo

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