Which area of west footscray to invest??
2 Comments
Try around Essex st, Khartoum, Dongola, Argyle st (famous Dumbo cafe is there). These are the premium blue chip streeta and sort after streets with lovely neighbours, about 6 parks including a dog park, rec west nearby, whitten oval, library, community center, and also heaps of cafes and Sims supermarket and and post office all within an easy stroll.
I'd personally avoid the south side of the tracks like Indwe st, Roberts st, Hex St areas as they are not as desirable for renters if you're after an investment property particularly if your tenant doesn't have a car, you can only catch the local bus, or walk some distance to the train station. So transport options aren't as great as the north side, hence the houses etc are much cheaper as they're less desirable. If you want good solid tenants that will pay a slight premium then you're much better to opt for the north side to avoid the tears, and get a solid return on your investment and have it rented consistently. Saves you the headaches.