Join Australia's most dynamic and respected property investment community

VIC Another 400k question (Melbourne)

Discussion in 'Where to Buy' started by bernardblack, 31st Oct, 2015.

  1. bernardblack

    bernardblack Active Member

    Joined:
    30th Oct, 2015
    Posts:
    39
    Location:
    VIC
    How would you spend 400k in Melbourne? Inner city villa/apartment? Outer suburb house? East? West? North? South? Any suggestions?

    Objective:
    • Buy and hold for at least 10 yrs
    • Reasonable capital growth

    I am currently looking at houses in outer Northern suburbs.
     
  2. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    902
    Location:
    Melbourne
    I might see you at the opens then ;)
    May the best deal win :D

    The Y-man
     
  3. bernardblack

    bernardblack Active Member

    Joined:
    30th Oct, 2015
    Posts:
    39
    Location:
    VIC
    which suburb are you looking? I will try to avoid those. LOL I know you have one in epping and one in lalor from previous posts.
     
    Last edited: 31st Oct, 2015
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    902
    Location:
    Melbourne
    I am eyeing this one, but haven't had a chance to check it out - won't make it today either (looking at a different area in different price bracket).

    If you're free at midday, maybe go check it out and report back :).

    Location looks good (near 901 bus to Epp station) and shops nearby.... actually could walk to EPP station.....1.5km, 18 minutes

    http://www.realestate.com.au/property-house-vic-epping-121078678


    The Y-man
     
  5. bernardblack

    bernardblack Active Member

    Joined:
    30th Oct, 2015
    Posts:
    39
    Location:
    VIC
    Looks like you really think Epping has a potential...I went to Albion for an inspection today, but I will go next week.