NSW Girraween - Your Thoughts?

Discussion in 'Where to Buy' started by WhereismyHouse, 13th Oct, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. WhereismyHouse

    WhereismyHouse Member

    Joined:
    13th Oct, 2019
    Posts:
    18
    Location:
    Sydney
    Hi All,

    I am a FHB and looking for property to live in. A young family with 1 kid( who goes to kindy )is what we are.

    There are few villas, I saw in Girraween and suits my budget.

    Currently live in Ryde area

    Thanks
     
  2. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    Hi there
    Lived there for 6 years. It's conveniently located with train stations nearby.

    Area in high demand due to selective School.
    Some niece older villas. Be wary of some built by a property group.

    Toongabbie next door has a big woolies and all other amenities.

    Close to parra, blacktown, norwest business park... so very well located.

    Try to be further away from the industrial side... which is closer to the great western highway.

    Hope this helps.
     
    WhereismyHouse likes this.
  3. WhereismyHouse

    WhereismyHouse Member

    Joined:
    13th Oct, 2019
    Posts:
    18
    Location:
    Sydney
    Ohh So we could be potential neighbor. One thing I found that the area hasn't grown much since last few years. Not sure why

    Property I am looking at is on Targo Rd
     
  4. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    Haha - I guess!

    Targo Road is a bit busy - too many strata properties - but then that is a lot of Girraween - lots of Villas and townhouses. Do check how the noise is from the train line, as one side of Targo Road backs the train. I personally would try look away from there - just because of the noise.

    Part of the cycle - Girraween did grow over the years during the Sydney boom.

    How much are you looking to spend?
     
  5. WhereismyHouse

    WhereismyHouse Member

    Joined:
    13th Oct, 2019
    Posts:
    18
    Location:
    Sydney
    I can spend upto 700ish

    this one is far from train line and we didnt hear noise when we were inspecting the property
     
  6. beachgurl

    beachgurl Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,318
    Location:
    Sydney
    There's a great park near the station off Targo rd. Girraween public is a very high demand school so check if you're in catchment. Not sure if u can get a house in Girraween for 700k but next door in prospect you should. Much more scope for growth if you can buy your own piece of dirt rather than a villa.
     
  7. Mumbai

    Mumbai Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,213
    Location:
    Melbourne
    Girraween is a good family suburb. I have a couple of places there and lived there for over 6 years myself. As beachgurl said the Girraween public school has really high demand so stay in the catchment. Even the houses near industrial areas are good. I have seen a lot of villas come up in recent years. I like the greystanes suburb close by better, but you will struggle with the school catchment.
     
    WhereismyHouse likes this.
  8. WhereismyHouse

    WhereismyHouse Member

    Joined:
    13th Oct, 2019
    Posts:
    18
    Location:
    Sydney
    Thanks Mate : I have made an offer to one villa. Lets see how it goes.

    Something I am still uncertain, if its a good family suburb with a amazing school, why doesn't it reflect in the capital gains?
     
  9. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    How so? What are you comparing it with?

    It's been popular with young families from what i have known of it over the last 10 years (a decade ... time has flown!)
     
  10. Mumbai

    Mumbai Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,213
    Location:
    Melbourne
    I am sure you are missing something. My property prices almost doubled in 5 years time.
     
    WhereismyHouse likes this.
  11. devank

    devank Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,669
    Location:
    Inner West - Sydney
    I'm not sure if that is true.
    Maybe, houses are being bought and sold as duplexes. Does that make the stat bad?
    I bought a house in 2006 and sold in 2016/17 for almost double.
    I didn't really follow the market after that.
     
  12. gach2

    gach2 Well-Known Member

    Joined:
    29th Jun, 2015
    Posts:
    1,895
    Location:
    sydney
    Could be wrong but from observation giraween/ pendle hill/ wenworthville boomed a little earlier than neighbouring regions (Toongabbie/seven hills/prospect or Merrylands/greystanes) The prices were quiet high in 2013/5 while the surrounding regions caught up a bit later 2015/7 until market cooled late 2018/2019. Hence why capital didn't grow that great during the past few yrs.

    Decent neighbourhood - though from an investment pov a rundown house in neighbouring suburbs would be desirable but the if the building quality is a priority then thats fine