VIC Invest 320k in Melbourne ?

Discussion in 'Where to Buy' started by yoyo_guitarist, 28th Jan, 2017.

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  1. Spiderman

    Spiderman Well-Known Member

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    Spiderman, 15th Mar, 2017
    #241
    Barny likes this.
  2. Barny

    Barny Well-Known Member

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    Barny, 15th Mar, 2017
    #242
    melbournian and flyhere like this.
  3. Darren McCoy

    Darren McCoy Member

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    Have a look in the Greater Bendigo region, you will find older houses there on decent blocks, theere are schools, and its still a freeway or train to the city. Good luck.
     
    Darren McCoy, 20th Mar, 2017
    #243
  4. mickyyyy

    mickyyyy Well-Known Member

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    Nice work Sash, so you bought into Werribee and Hoppers Crossing in 2015?
     
    mickyyyy, 31st May, 2017
    #244
  5. sash

    sash Well-Known Member

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    No they were way before...in 2007 I believe...bought for 130k (Werribee) and 170k (Hoppers). These are now 450k and 500k respectively

    The recent ones have been in Geelong, Mickleham, Officer, and Wyndham Vale. Just also bought along the Bellarine Coast also....
     
    sash, 31st May, 2017
    #245
    TiV and mickyyyy like this.
  6. Scyth

    Scyth Active Member

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    How much deposit would you normally need for land settling in 12-18 months time?
     
    Scyth, 31st May, 2017
    #246
  7. melbournian

    melbournian Well-Known Member

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    It depends back holding deposit 2k, then 5% now would be 10% seeing how hot it is. Don't forget u need a deposit for the builder too
     
    melbournian, 31st May, 2017
    #247
  8. mickyyyy

    mickyyyy Well-Known Member

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    You have good foresight in other states, what things do you look for before investing in an area?
     
    mickyyyy, 31st May, 2017
    #248
  9. sash

    sash Well-Known Member

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    the basics who is buying....infrastrcture planned....relative value to distance to city
     
    sash, 31st May, 2017
    #249
    Kegs86 and mickyyyy like this.
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