Gooseberry hills million $$$ houses

Discussion in 'Introductions' started by Farhan, 23rd Sep, 2018.

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  1. Farhan

    Farhan Well-Known Member

    Joined:
    24th Jun, 2018
    Posts:
    62
    Location:
    Perth
    Hello everyone

    I hlbeed advice . Is it worth to buy something in gooseberry hills for around 1.2 million as PROR .

    Is the suburb ok to live with kids ?
    Is it good time to buy in hills?
    If I sell that in 10 years what you guys forecast ?

    I am only asking becausemy wife like hills and I am in doubt if it is right decision.

    Thanks in advance .
     
  2. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    4,783
    Location:
    Perth, WA
    I would say that the type of property that would make a great PPOR for 1.2 mil there would very likely make it a terrible investment at the same time.

    But I mean its a PPOR, so some sort of financial opportunity cost is always going to be there. Plus theres keeping the wife happy and all that...
     
  3. hobartchic

    hobartchic Well-Known Member

    Joined:
    11th Sep, 2017
    Posts:
    1,513
    Location:
    Hobart
    I guess it depends on the property. I think you should be able to get something you like in the area for significantly less. I'd keep looking. The prices seem to be going down there.