Hello Guys, I really need your advice. Due to my tight budget, finding a house around Sydney is very difficult. I’ve done some research in the forum and learned a lot, but still have some questions. Thank you so much for your wonderful insights. Requirements - Budget: 700k-750k - Land size: at least 500 sqm - Transport: 90-120 minutes to Sydney CBD with public transport - Safe neighborhood, better to be friendly to immigrants Main Goals - Good CG potential - May build a granny flat to help repay the loan I am currently searching houses in: - Greater Western Sydney: suburbs around Mt Druitt, St Marys, and Penrith - Central Coast: Blue Haven, Lake Haven, Gorokan, San Remo, Toukley (these are far away from Sydney, but maybe these are the only suburbs that fit my budget?) My questions are: - Which of these two areas do you think has more potential? Greater Western Sydney or Central Coast? - Which suburb in these two areas do you recommend the most? - Or do you have any other recommendations? Thanks!
Glenmore Park - the best overall. Cranebrook - some parts are better then others, cheapest. Jordan Springs. Do your research on this suburb. Newer. Ropes crossing - is alright, little close to Mt druitt area tho. Newer. St clair - not to bad I guess, bigger blocks. Best value for money in these areas. I bought in Glenmore 12 months ago. +15% in the last year. A car to the train station would most likely be needed to be within your travel time. Good luck.
Hi Kate, Is it essential that you purchase a house, or would you be happy with an apartment? Buying property is always about trade offs and working within a budget, but where do you line up on land content vs location? Kind regards, John
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