ronnie01Participant@ronnie01Join Date: 2013Post Count: 54
Hey guys what do you reckon about buying in the western suburbs like werribee, tarneit, hoppers crossing etcc….
ThanksRedwoodParticipant@redwoodJoin Date: 2013Post Count: 340
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 scenariojmsrachelParticipant@jmsrachelJoin Date: 2012Post Count: 711
I wouldn’t go further than Altona. Too much traffic and demographic changes quite rapidly. Perhaps laverton as a wild card.mattstaParticipant@mattstaJoin Date: 2011Post Count: 604
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.Jacqui MiddletonParticipant@jacmJoin Date: 2009Post Count: 2,539
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.