Hey guys what do you reckon about buying in the western suburbs like werribee, tarneit, hoppers crossing etcc….
Thanks
Hi there, really depends. What are you looking for? buy and hold? reno? develop? what sort of yield are you looking for?
Financing also important which the brokers here will assist with depending on your scenario
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
I wouldn’t go further than Altona. Too much traffic and demographic changes quite rapidly. Perhaps laverton as a wild card.
To help you out, you could also check out some of the demographic info and comparative house prices of those western suburbs. You could use free research from the resdex website and the sqm website.
You need to be vary wary of vacancy rates in the Werribee / Tarneit / Hoppers Crossing areas. There is plenty of property available for rent and sitting empty.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
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