All Topics / Help Needed! / *New* Investing in Springs Rivervale

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  • Profile photo of kserkser
    Member
    @kser
    Join Date: 2013
    Post Count: 1

    Hi guys,

    I have been looking at investing in property and am currently looking at springs Rivervale.

    Thinking of buying a 2×2 apartment here – wondering what are the general advices/opinions on this? I read that it's a relatively good place for investment given that it's an upcoming inner city suburb. 

    Springs View Towers or Proximity are quite tempting.

    Thanks in advance for the help!

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Kser,

    What sort of price and rent are you looking at?

    Sometimes projects like this can have higher than normal body corporate costs, particularly if there is a lot of common property to maintain. 

    Location wise the project ticks a few boxes.

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