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VIC New build VS existing house

Discussion in 'Where to Buy' started by Michaelidis, 17th Aug, 2015.

  1. Michaelidis

    Michaelidis Member

    Joined:
    3rd Aug, 2015
    Posts:
    9
    Location:
    Sydney
    Hey guys,
    I am from sydney looking for a house within 15k from Melbourne city.
    I was thinking of house and land packages, to avoid continuously flying down to maintain the house.
    I know the agent takes care of the property, though it can be annoying continuously traveling for unforeseen issues.
    Can anyone relate?
     
  2. thatbum

    thatbum Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    893
    Location:
    Perth, WA
    Buying a house and land package just to avoid having to fly down for maintenance seems like pretty misguided reasoning to me...

    How deep have you investigated this strategy?
     
  3. Redwood

    Redwood Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    342
    Location:
    Melbourne
    Hi there - no H&L within 15 km my friend. Depending on which direction you are looking at H&L can be 50km from the city.

    For nothing to maintain you can buy an apt or townhouse, but depending on the suburb - your price range will vary significantly.

    As mentioned above, forget about flying down - what is the strategy/ price range

    Cheers Ivan
     
  4. Coota9

    Coota9 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    970
    Location:
    Melbourne
    That's what you pay a property manager for Michaelidis,I have 2 IPs in Brisbane and I sometimes only remember I have them when my property manager sends me my monthly rental statement.
     
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  5. Reno Crazy

    Reno Crazy Well-Known Member

    Joined:
    3rd Jul, 2015
    Posts:
    55
    Location:
    Vic
    Michaelidis likes this.
  6. Michaelidis

    Michaelidis Member

    Joined:
    3rd Aug, 2015
    Posts:
    9
    Location:
    Sydney
    Obviously not deep enough yet :)