NSW PPR Sydney 2 bedroom apartment Hillsdale or EASTLAKES

Discussion in 'Where to Buy' started by Illusivedreams, 3rd May, 2018.

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  1. Illusivedreams

    Illusivedreams Well-Known Member

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    I have a friend he is looking to buy an apartment.

    He is down to two suburbs.
    Hillsdale or Eastlakes

    Currently single looking at a family later stage.

    I have moved out if the area. 15 years ago so cant Comment as to current state of affairs
    Budget $650,000

    Requires 2 bedroom bathroom and garage.

    Can i please have some feedback on these 2 suburbs :)

    Also as it will be held for some time prospects of both suburbs
     
  2. Lacrim

    Lacrim Well-Known Member

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    If you had to,I'd probably pick Mascot over those two.
     
  3. Illusivedreams

    Illusivedreams Well-Known Member

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    Thank you.
    He is focused on these 2 suburbs.
    Please note price, Mascot has alot of new. Stock outside budget and most with no garage.
     
  4. Cimbom

    Cimbom Well-Known Member

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    I would prioritise location over having a garage for an apartment. I can't see much prospects for apartments outside of the inner suburbs in Sydney any time soon and even with the inner suburbs, you need to buy pretty carefully with the current market
     
  5. Illusivedreams

    Illusivedreams Well-Known Member

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    He didnt really ask me for investment advice.
    I can give him that.
    I didnt disclose he has relatives and reasons for being in the area.
    It is not relevant as he asking advise only limited to what suburb of the 2 and why?

    Yes he also has good reason to need a garage. :)

    Eastlakes or Hillsdale?
     
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  6. Lacrim

    Lacrim Well-Known Member

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    It's like asking whether you want to slash the right wrist vs the left. But push comes to shove...Eastlakes. Better located in my mind but still a ghetto, like Hillsdale. Plus there's a crapload of Meriton apartments being built in Pagewood/Eastgardens, near Hillsdale.

    Just make sure the unit isn't located next to housos.
     
  7. Illusivedreams

    Illusivedreams Well-Known Member

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    I also like Eastlakes more.
    Mascot has become a concrete jungle.

    I would not want to live their.
    Unlike Zetland i feel Mascot has 0 green space
     
  8. Birdseed

    Birdseed Well-Known Member

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    Both are terrible (to live). If your friend is hell bent on only a choice of these two- they are going to have some very interesting neighbours. There are no parts of these areas that aren’t ghettos.
     
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  9. Zoolander

    Zoolander Well-Known Member

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    Mascot isnt terrible. Held IP there for the last ten years and its my PPOR. Green spaces can be found within some of the apartment complexes- not huge spaces but enough grass and greenery.

    The packed trains and rampant airbnbing are downsides, sure.
     
  10. KinG3o0o

    KinG3o0o Well-Known Member

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    imho.. i will pick eastlakes over hillsdale

    parts of hilldale look liked its stuck in ww2.


    parts of eastlakes are super expensive.
     
  11. einentiva

    einentiva Active Member

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    too many indians in hillsdale
     
  12. Scott No Mates

    Scott No Mates Well-Known Member

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    Not enough chiefs?
     
  13. einentiva

    einentiva Active Member

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    i have yet to work out the effect of massive numbers of indians as respect to real estate prices.
    We all know that Chinese is good. Just look at Chatswood, Eastwood, Epping etc
    but what about Indians?
     
  14. Scott No Mates

    Scott No Mates Well-Known Member

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    Harris Park?
     
  15. hash_investor

    hash_investor Well-Known Member

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    Indians do not have that kind of effect just yet because they do not bring money from home. They earn here and pay $$$. I would personally avoid a suburb if a single ethnicity is more than 33%.
     
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  16. KinG3o0o

    KinG3o0o Well-Known Member

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    box hill ?? quiet a few in the new development areas like schofield and ponds too
     
  17. Lacrim

    Lacrim Well-Known Member

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  18. John_BridgeToBricks

    John_BridgeToBricks Buyer's Agent Business Member

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    Avoid Mascot, too much new stock.

    Both are good suburbs for investments. I prefer Eastlakes over Hillsdale in terms of suburbs, but note the following:

    1) Eastlakes meets my buying criteria in terms of price - with average unit being 1/3rd price of average house price.
    2) However, the quality of the stock in Eastlakes is poor - very few with internal laundries, many ground floor apartments, most on main roads - which I wouldn't touch.
    3) the layout of most Hillsdale apartments is better than Eastlakes.

    I had clients recently looking to buy in Eastlakes. Given the issues above, I actually bought for them in Carlton/Kogarah instead. The typical layout/transport/demographic is better.

    If you can find a good place in Eastlakes not on a main road and with an internal laundry, you should check it out though.
     
    Last edited by a moderator: 30th May, 2018
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  19. Hazza1337

    Hazza1337 New Member

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    That's not racist at all..
     
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  20. Happy 84

    Happy 84 Active Member

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    Eastlake’s is the lesser of the Two evils..