Advice

Discussion in 'What to buy' started by Nicho, 21st Oct, 2021.

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  1. Nicho

    Nicho Active Member

    Joined:
    19th Jul, 2019
    Posts:
    26
    Location:
    Sydney
    Hi all,

    I have the opportunity to buy right now. Looking for all the things you want; older house, close to transport, amenities etc.

    Currently studying project management. Aim is to go into construction, gain experience and in the future develop the site on the side or as a project for my own company.

    Would the old saying of “worst house in the best street” apply here? Even if it struggled to rent and we had to cope some cash flow loss.

    Given it’s a hot market and you want to buy as low as possible. Is there anything specific that puts off owners-occupiers. I notice lots of duplex’s etc. on main roads for example.

    Is it also simply about getting as much land for your $$$ or would a smaller corner block be better than a weird triangle layout you see in cul-de-sacs.

    Not sure yet whether to buy Western Sydney or Melbourne yet, will seek some expert advice.

    Any thoughts greatly appreciated, looking to learn. Thanks