Join Australia's most dynamic and respected property investment community

Unitblock in Merryland

Discussion in 'General Property Chat' started by hash_investor, 21st Sep, 2016.

Tags:
  1. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    912
    Location:
    Sydney / Canberra
  2. standtall

    standtall Well-Known Member

    Joined:
    19th Oct, 2015
    Posts:
    273
    Location:
    Sydney, NSW
    Merrylands schools are improving and either one school is already OC or on the radar.

    Definitely a bargain on per unit level but there are other better ways to invest $3million.
     
  3. VB King

    VB King Well-Known Member

    Joined:
    8th Jul, 2015
    Posts:
    127
    Location:
    Ho Chi Minh City
    That kind of thing doesn't come up every week. Having said that, it's Merrylands West rather than Merrylands which takes a bit of the sparkle off it. Not sure if it's a bargain on the main road without strata or garages.
    Merrylands should do well investment wise - yes there's some OTP stuff going in, but with it a rejuvenation of what is currently boring and tired strip shopping, new amenity will bring new demand for those priced out of Parramatta.
    Personally I think the best streets are the "English" streets - Birmingham, Sheffield, Manchester, Oxford, etc - good sized older style walk up units, easy walk to station, shopping centre, and the redevelopment zone (pedestrian only, cafes, etc) coming soon.
     
  4. VB King

    VB King Well-Known Member

    Joined:
    8th Jul, 2015
    Posts:
    127
    Location:
    Ho Chi Minh City
    $3.61m.
     
  5. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    912
    Location:
    Sydney / Canberra
  6. VB King

    VB King Well-Known Member

    Joined:
    8th Jul, 2015
    Posts:
    127
    Location:
    Ho Chi Minh City
  7. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,714
    Location:
    Sid en e - olympic city
    Yes, and no, yes if you have a bit of cash or lot of lazy equity, no as it would be a commercial loan.
     
  8. See Change

    See Change Timing Lord Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,146
    Location:
    Sydney
    There's a long term forum member who owns several out there ( or Fairfield , can't remember which ) , bought many years ago

    Cliff
     
  9. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,277
    Location:
    Sydney
    I think the member you are referring to owns several unit blocks in Cabramatta.
     
  10. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    912
    Location:
    Sydney / Canberra
    Good buy at good times as the demand will always be there
     
  11. twobobsworth

    twobobsworth Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    247
    Location:
    Sydney, New South Wales
    Hasn't been a drive by or attack on the police station in weeks. Things are on the up.
     
  12. Jerry O

    Jerry O Well-Known Member Premium Member

    Joined:
    21st Jun, 2015
    Posts:
    362
    Location:
    NSW / Melbourne
    A few OTP stuff happening indeed the last time I have driven around the area. Same with Granville. They are catering for the ones priced out of Parramatta. A friend of mine was offered a "$40k discount" on one of the OTP unit. From $600k to $560k just because he is "one of the first few who signed up."

    I sighed.