VIC Planning to buy an apartment in Melbourne CBD or Docklands

Discussion in 'Where to Buy' started by Monu, 17th Oct, 2021.

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  1. Monu

    Monu New Member

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    17th Oct, 2021
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    Hello Folks,

    I am planning to buy an apartment in Melbourne CBD or Docklands because of easy office commute. I just want to know your thoughts on that. Is it worth buying a property in CBD/Docklands? Any suggestions?

    Your help will he highly appreciated. Thanks!
     
    Monu, 17th Oct, 2021
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    Scott No Mates, 17th Oct, 2021
    #2
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  3. Shogun

    Shogun Well-Known Member

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    Nope nope nope. Buy elsewhere and rent in CBD
     
    Shogun, 17th Oct, 2021
    #3
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  4. Shawn

    Shawn Well-Known Member

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    Im with @Shogun on this one… huge oversupply there
     
    Shawn, 18th Oct, 2021
    #4
  5. rizzle

    rizzle Well-Known Member

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    Absolutely not worth the headache of high strata fees and loss of capital once you sell.

    Just rent. It is cheap in those locations. Victoria harbour in Docklands IMO has the best mix of quiet, proximity to CBD and decent build quality apartments (check out the Lendlease developments, Dock 5 and Convesso/concavo buildings).
     
    rizzle, 18th Oct, 2021
    #5
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  6. Trainee

    Trainee Well-Known Member

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    Op, why do you think buying there is better than renting?
     
    Trainee, 18th Oct, 2021
    #6
  7. LROB

    LROB Well-Known Member

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    You are better off buying a tent and pitching it in Victoria gardens.
     
    LROB, 18th Oct, 2021
    #7
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