VIC Suggestions Needed

Discussion in 'Where to Buy' started by Confused, 5th Aug, 2017.

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  1. Confused

    Confused New Member

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    5th Aug, 2017
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    Location:
    Altona Meadows
    Hi. Could anyone please suggest some good suburbs for a run down house (in a decent land size which I could demolish and subdivide)? My preference are good schools, lower crime rate and also ease of travel to the CBD. My budget is about 800k. Thanks.
     
  2. wylie

    wylie Moderator Staff Member

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    Brisbane
    Which city? I'm guessing Melbourne?

    And welcome to the forum. :)
     
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  3. jins13

    jins13 Well-Known Member

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    Go through the forum using the search function on possible suburbs and analyse the data from YIP information. Not having a go at you, but property investing requires work on your part rather than being spoon feed the information.
     
  4. big max

    big max Well-Known Member

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    Gold Coast
    Mermaid Waters QLD. Palm Beach QLD.
     
  5. MTR

    MTR Well-Known Member

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    Welcome
    If its Melbourne I expect you will have massive competition.
    As OP mentioned do a search, but I think the key to sourcing a good site is once you identify an area/suburb, then you need to network closely with re agents, especially in booming market, make them your friend, give them a reason why they will help you over others. Cash talks
     
  6. Ed Barton

    Ed Barton Well-Known Member

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    PM me I'll send you a bill.
     
  7. Confused

    Confused New Member

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    Location:
    Altona Meadows
    Hi. I am looking in Melbourne. Thanks
     
  8. google boy

    google boy Well-Known Member

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    Location:
    melbourne
    Hey Suraj, buy in cragieburn where there are lot of Nepalese people where u can do marketing about ur business ie student visa and migration. In the mean time u can rent out ur investment property to newly arrived Nepalese student. Common mate, ur budget should be 1 million , as u are aware aus government has started giving student visa to Nepalese people. Current ur bank balance might be quite heavy as u take lot of commission for so called uni and colleges.

    By the way are u still working with tonu or u left?
     
  9. google boy

    google boy Well-Known Member

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    Location:
    melbourne
    buy in alfieda street, st alban:D:D:D
     
  10. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    Appears the market is way too hot in Melbourne right now. Did a residex for a client the other day - came back at $430k. The house sold for $500k at auction on Saturday. Couldn't get the head around 'why' - it wasn't near any trains, malls and was <600sqm!

    Yet another client did secure a property at an auction close to the 800k mark, however they had a BA on the ground bidding for them.
     
  11. Sackie

    Sackie Well-Known Member

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    Brisbane buddy. They exist.