Albert Park, VIC

Viewing 5 posts - 1 through 5 (of 5 total)

Hari Yellina
Participant
@yellina
Join Date: 2007
Post Count: 101
December 11, 2013 - 1:06 am
Dear Friends,
I am planning to buy a property in Albert Park, VIC. Could some one tell me if it is a good idea and pros and cons.
Thank you
Hari Yellina
Hari Yellina
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Redwood
Participant
@redwood
Join Date: 2013
Post Count: 340
December 11, 2013 - 2:53 am
Hari, what type of property are you looking at i.e house/ apt? price range? as you know Albert Park is not a cheap area, with a potential chinese development coming up soon which will impact the area in the near future
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Hari Yellina
Participant
@yellina
Join Date: 2007
Post Count: 101
December 11, 2013 - 2:59 am
Dear Redwood,
I am looking for buy an apartment or a unit. Cant afford a house there.
Thank You
Hari Yellina
Hari Yellina
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Keep Investing - Grow while Resting.
Modernity Investing
Participant
@mark-coburn
Join Date: 2006
Post Count: 181
December 11, 2013 - 3:21 am
Why are you looking to buy there?
What is your plan for the property?
PPoR or an Investment?
New or Old?
Do you have an overall investment strategy?
Modernity Investing
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Hari Yellina
Participant
@yellina
Join Date: 2007
Post Count: 101
December 11, 2013 - 3:44 am
Dear Mark,
I buy one property every year at least 1 property every 2 years. I thought it have good facilities will give a good rental return and capital growth.
- It is for investment purposes
- Old one (existing property only).
My plan is to buy 30 properties in coming 15 years time. Close to 1/3 Mark. When I go past that area, it looks great. I am not sure if that will be a great place to buy.
Thank you
Hari Yellina
Hari Yellina
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Keep Investing - Grow while Resting.