NSW PPOR aound Sydney 700k-750k

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.

 

Have a look along the Campbelltown train line.

 

Thanks, that helps a lot!

 

Thanks, will do!

 

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