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NSW Lalor Park

Discussion in 'Where to Buy' started by Gary, 20th Jul, 2016.

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  1. Gary

    Gary Member

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    Hi, I would be very interested to hear your view on Lalor Park. I've just settled a property for my SMSF last month (before discovering this great forum!). It is a 3 bedder house and I paid $550k for it.

    Its quite a bit cheaper than its surrounding suburbs like Blacktown and Seven Hills, probably because of the lack of a train station.

    I'm hoping I made the right decision.

    Thanks, Gary.
     
  2. standtall

    standtall Well-Known Member

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    If there's good block of land underneath the house, you have made a good decision.
     
  3. Eric Wu

    Eric Wu Mortgage Broker Business Member

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    Labor park has experienced lots of growth in the past 3 years. I remember when I was looking in Blacktown in 2011, it was cheap, like $350k will get you a 3 Vedder, 500m2 land. With your purchase with the price tag of $550k, I think you has done well.
     
  4. resident10

    resident10 New Member

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    Lalor Park is a mainly good area. There are pockets of troublesome parts though. Prior to my current environment I would have agreed it is a good investment/area but I have had ice users move in my street.
    Since they have moved on in what is regular is regular police visits due to physical/verbal arguments which the whole street can hear. It is just terrible and there seems no hope they will leave.
    What was previously a safe street and family friendly is no longer the case. The street is on edge and wait eagerly for them to leave the area.
    They have ruined an otherwise quiet, hardworking,family friendly street. I am looking to move out unfortunately due to the ice users.
     
  5. Shawn

    Shawn Well-Known Member

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    @resident10 are you renting or is this your house?
     
  6. resident10

    resident10 New Member

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    This is our house.
     
  7. MsAli

    MsAli Well-Known Member Premium Member

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    @JMica can prolly shed light on this
     
  8. inspiredbyprop

    inspiredbyprop Well-Known Member

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    @resident10 I feel for you.

    I did experience this issue when I was living in an apartment unit. The bloke was renting next door to us. I have never seen him using the drugs but I can see from the appearance, nice cars, also friends/girls coming in and out.

    Luckily, all the residents work together with our strata manager who then contacting the lease agent. It was not an easy process, it took time and some damage to the unit and building. But we all managed to get rid of the one bad tenant!

    Lesson is that you need corporation from other residents and also making police call as evident. Hope it helps and need to be persistent!

    Someone told me that you can choose you friend but you can't choose your neighbour. But if they're renting, definitely there is a way to evict them but requires time and persistency.
     
  9. Lacrim

    Lacrim Well-Known Member

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    I
    Ice users aren't NORMALLY owner occupiers. Don't give up yet.

    Just galvanise the street and bombard the real estate agent with complaints - the landlord upon hearing this may decide he/she doesn't want ice addicts/dealers in his/her house. I know I wouldn't - their income stream may be erratic.
     
  10. skater

    skater Capitalist Premium Member

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    It won't do you a lot of good if it's a Housing Department property, which a lot of them still are.
     
  11. resident10

    resident10 New Member

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    Thanks everyone.
    Unfortunately the ice users were invited by the owner of the house to stay for a short period of time but this has turned into nearly a year! The owner of the house is too scared of the ice users and can't /won't stand up to them. He recently tried to get rid of them but there was physical/ verbal violence.
    It is beyond ridiculous.