If you were young and searching for an invesment property in the current market...
Hello,
I recently sold an investment apartment I had and am looking to make the most out of this current low property market and decent bank interest rates.
I can comfortably purchase property in the 550k range but am willing to stretch it a bit up to 700's if it's a good opportunity.
I've had bad experiences with the apartment and townhouses, so preferably I'd avoid subdivided properties and stratas.
Where and what would you invest in? Inner city is still pretty pricey, I've also looked into developing communities like Eden Beach and Ellenbrook but they don't look promising. I even came close to purchasing a quaint home in Carversham before I read on this website the bad reputation it has among its residents.
I'd love to hear suggestions that guide me in the right direction.
I recently sold an investment apartment I had and am looking to make the most out of this current low property market and decent bank interest rates.
I can comfortably purchase property in the 550k range but am willing to stretch it a bit up to 700's if it's a good opportunity.
I've had bad experiences with the apartment and townhouses, so preferably I'd avoid subdivided properties and stratas.
Where and what would you invest in? Inner city is still pretty pricey, I've also looked into developing communities like Eden Beach and Ellenbrook but they don't look promising. I even came close to purchasing a quaint home in Carversham before I read on this website the bad reputation it has among its residents.
I'd love to hear suggestions that guide me in the right direction.
The opinions expressed here are those of the individual and not those of Homely.com.au.
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