VIC Suggestion for IP - 500K budget

Discussion in 'Where to Buy' started by Ben20, 17th Apr, 2021.

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Where would you look for IP under 500k

  1. Regional VIC

    16.7%
  2. Regional NSW

    0 vote(s)
    0.0%
  3. Brisbane greater region

    100.0%
  4. Adelaide

    0 vote(s)
    0.0%
  5. Perth

    0 vote(s)
    0.0%
Multiple votes are allowed.
  1. Ben20

    Ben20 Well-Known Member

    Joined:
    23rd May, 2020
    Posts:
    93
    Location:
    Melbourne
    Hi experts,

    I want to buy my first IP having recently bought a PPOR. My budget is 500K. Though I would want my first IP to be in Melbourne, I don’t think my budget would allow this. Shall I look into regional VIC or better to look interstate? I am also not sure about going for neutral CF properties or growth? What would be your suggestion?

    I am open for all sort of ideas/ suggestions or feedback. Thanks in advance.