VIC Area Selection. Northern Suburbs of Melbourne

Discussion in 'Where to Buy' started by LuisCente, 17th Nov, 2021.

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  1. LuisCente

    LuisCente Well-Known Member

    Joined:
    19th Jul, 2020
    Posts:
    62
    Location:
    VIC
    Hello All,

    Question to those with local and data knowledge of the area shown in the pic:

    If someone came to you asking what do you think of these areas and looking for a established detached house on a decent size block with 3BR - 1BR as only minimum requirements and with a budget of $800k - $900k. It would be an investment driven decision that requires the selection within the noted area.

    What would you say and why?

    For the sake of the exercise, please do not respond thinks like there are better areas to invest or Melbourne is not good, or stuff like that. Imagine this is the only possible area where one could invest and has to pick a spot on it.

    Again for the sake of the exercise, lets keep this as the person being a young new investor with a long term horizon looking for an "investment grade property" that has good potential for long term capital growth.

    Would love to read your thoughts!!

    Thanks guys!
     
  2. Hamish84

    Hamish84 Well-Known Member

    Joined:
    7th Sep, 2021
    Posts:
    678
    Location:
    Melbourne,Vic
    Oh hey Luis is back. Didn’t you open enough threads last month? How’d that work out for ya?
     
    LuisCente and The Y-man like this.
  3. LuisCente

    LuisCente Well-Known Member

    Joined:
    19th Jul, 2020
    Posts:
    62
    Location:
    VIC
    Hahahah I didn’t know I had a fan mate!

    As always, thanks for your enormous contribution Pal!