new2investParticipant@new2investJoin Date: 2010Post Count: 36
I have been googling today about what would be the ideal location to invest.
Location is pretty good and YES there are a lots of good thing to say about this place.
Park Edge estate is developed by Devine and Will have the top builders featuring in the display village when its ready.
There are a lot of schools around within 2-10km from the estate
Close to Primary, Secondary and Private schools and Child Care Centre as well.
Close to the $30 Millions Aquatic Centre (5mins walk)
Close to Police Station
Close to Fountain Gate Shopping Centre which is also getting expanded to add MYER and David Jones etc… (About 15minutes drive)
Close to Cranbourne Hospital
Close to Berwick Hospital
Close to Cranbourne Station
Close to Berwick station
Close to lots of park
Close to Monash University Campus
Close to Chisholm TAFE Cranbourne Campus..
its 0nly 45 mins on an Express Train to the CBD and you get to choose from 3 Train Station (Cranbourne, Merinda and Berwick which is 10 kms away). With the Cranbourne East Train Station in the pipeline..dont know when…there will be 4 station within reach.
Next to Park Edge there are 2 more estates that will be developed also…
This area will grow in population and lots of young family will move around here for the following reason:
1. Transport buses and train are good
My questions to all of you in this forum:
– Would you consider building a 3/4 bedrooms and renting it out to a young family of 2 in an estate where i believe lots of people will be owner occupiers (First/Second/Third home buyers..etc…
– Do you think it will be a good investment?
Happy to hear what you think if you know a bit around there (Cranbourne, berwick, Clyde North etc..)luke86Participant@luke86Join Date: 2010Post Count: 470
No way would I be buying property here- miles and miles from the CBD, a probable oversupply of housing, the wrong demographic (i.e. young families and first homebuyers) saturating the market with little spending power to push prices up, no opportunity to add value, the list goes on.
Just my opinion though.
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