I’m looking at the Hebersham, Dharruk, Bidwill, Blackett area in Western Sydney. I think the proximity to the M7, along with the relatively low prices would make it a good site for wrapping and renting.
Can anyone offer advice – good or bad – on the area?
I’ve heard a lot of people didn’t like living in houses backing onto reserves a few years ago, ’cause burglars used to jump their fences and rob their houses regularly. Any other pearls like that I should keep an eye out for?
Thanks,
Craig.
100% of the shots I don’t make don’t go in – Wayne Gretzky
Hi Snowkiwi
Without knowing your financial situation, here’s some advice from someone who used to live in Blackett just over 5 years ago…
Houses back then (and for the majority of our interstate readers I’ll clarify) were mostly housing commission with a small minority who were owners. We lived in a rental on a main road and were offered the chance to buy our house for 75k.
We declined…
Now, houses in the same area are reaching 255k +.My reason for this email?
Don’t pre-empt social demographics by ‘looking for the bad reasons’ to get into a particular area. Sure, all areas are bound to have their bad eggs from time to time. Some houses do tend to have a fairly high vacancy rent, while others you wouldn’t touch with a barge pole. It all comes down to research, research.By the way…I learnt from my procrastination.
I’m now buying my own house near Erskine Pk, with 2 IP’s. A house in Adelaide and unit in Townsville.
Good luck for your future investing endeavours.[specs]
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