Hello
We had finance approved for $370,000 in Qld which includes legals etc to buy a property but it failed the building inspection.
Wasnt too bad but we decided not to go ahead.
So have decided to purchase in Melbourne or Victoria and looking at a unit or house around $350,000
Flying down next week so anyone know of some good hot spots for RE in Melbourne or outer or even country areas for the above price?
Reno Queen
Hi there,
Here a few spots for you to start focussing on. Look at http://www.domain.com.au or other appropriate websites to establish what the "buy" vs "rent" prices are in the area. Also use google maps to see what the neighbouring suburbs are, and research them to see what king of activity is going on there, and how this might assist you in guessing what will happen in your target suburbs in the months and years to come.
Laverton
Sunshine
Wyndham Vale
WerribeeIf you are keen to actually renovate the property, look very hard at Laverton.
Good luck!
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Hello JacM
We think also Fairfield and PrestonYes we agree Werribee is a good choice
We are from Melb originally but it would have changed a lot in the last 21 years we have been in Qld
Reservoir, Thornbury, Coburg…
We have booked our flight to Melb for end of January.
Have found that we can buy a unit within our budget in a few areas. I have since found out a relative owns an agency in Melbourne so that will be a big help for us .
How does Preston, Coburg, Clifton Hill Heidleberg etc compare with each other?
I am from Heidelberg originally and like all areas some streets are better than others.
Would a unit very close to a train station be an advantage or disadvantage?
If it is walking distance, it is generally a good thing and proximity to public transport is a big plus in a lot of areas.
If it is TOO close to the railway line, this can sometimes be seen as a negative due to noise.
Hi, I work for a real estate agent called hocking stuart i am based in werribee and i have about 10 properties in that price change to show you.
You can call me on 0451 001 457
and see exactly what you are looking forcheers
Johann PsailaJpcashflow | JP Financial Group
http://www.jpfinancialgroup.com.au
Email Me | Phone MeYour first port of call in finance :)
We payed $50 for the Terry Ryder Hot spots report and well worth it.
We have added Maribyrnong to our list
so far we will look at
Preston Footscray Maribyrnong Brunswick (even though is now expensive) Frankston and a few more
Reno Queen
Take a look at Seddon and I agree with the above that some pockets of Footscray are worthwhile (careful though of council housing areas).
Funny how the grass seems greener… we are currently in VIC but are looking to QLD as a place for better opportunities.
Hi Vita22 and others
I think its good to look at a property interstate as it makes you do more research. We probably wouldnt have bought the $50 report if we werent looking in Melbourne.
My husband went to Footscray Tech and cant believe the changes to Maribyrnong. All he remembers is the industry that was there and the quarry etc
Also are looking at Flemington also
Hello
Its funny how things happen.
We had to delay our trip to Melb and just went around loking for a place we could buy for ourselves in QldWe needed a house with access around the back and at least a 4 car garage.
We then found a house with what we needed yesterday and have put a contract on it.
This will be in another thread I'll start as it has sub division potential.
So maybe it was good we delayed our trip to buy in Melb at this time
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