VIC Melbourne east

Discussion in 'Where to Buy' started by Matt87, 21st Apr, 2018.

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  1. Matt87

    Matt87 Well-Known Member

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    Sydney
    hi guys,

    Looking at Melbourne east for next purchase. Only have borrowing power for 600-700 k which suburb would be best to invest in?

    Was thinking Hawthorn as it’s close to cbd.. Thoughts?

    Matt
     
    Matt87, 21st Apr, 2018
    #1
  2. jyeung80

    jyeung80 Well-Known Member

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    What's your total budget? You looking for something with land or happy with an apartment?
     
    jyeung80, 21st Apr, 2018
    #2
  3. Matt87

    Matt87 Well-Known Member

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    Around $750 k Happy with apartment.:)
     
    Matt87, 21st Apr, 2018
    #3
  4. jimkee

    jimkee Member

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    Do not think invest into apartment is a smart move.
     
    jimkee, 3rd May, 2018
    #4
  5. melbournian

    melbournian Well-Known Member

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    how big and how many bedrooms?
     
    melbournian, 3rd May, 2018
    #5
  6. The Y-man

    The Y-man Moderator Staff Member

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    Wouldn't do it. With that money I'd look at outer sub house.

    The Y-man
     
    The Y-man, 3rd May, 2018
    #6
  7. melbournian

    melbournian Well-Known Member

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    Yeah for sure Lalor Epping all comes to mind
     
    melbournian, 3rd May, 2018
    #7
    saray4 and The Y-man like this.