Investing in NSW and VIC

Discussion in 'Where to Buy' started by infinite_prosperity, 17th Feb, 2020.

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  1. infinite_prosperity

    infinite_prosperity New Member

    Joined:
    17th Feb, 2020
    Posts:
    3
    Location:
    Sydney
    I currently have a IP in Brisbane and would like to buy into the NSW/VIC market to diversity.

    The aim is to hold it long term and hopefully get some growth in the short term too (2-5 years).

    My budget is anything upto $700k.

    Any suggestions as to what areas and types of properties I should be looking at?

    In this current low interest rate market, is it worth investing in new land/house packages in South West Sydney suburbs such as Oran Park ?
     
    infinite_prosperity, 17th Feb, 2020
    #1
  2. Westie

    Westie Well-Known Member

    Joined:
    19th Jun, 2017
    Posts:
    1,138
    Location:
    Melbourne
    Geelong. Buy as close to the water as you can with the largest land component.
     
    Westie, 17th Feb, 2020
    #2