VIC Western suburbs

Discussion in 'Where to Buy' started by the world is your oyster, 22nd May, 2016.

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  1. the world is your oyster

    the world is your oyster Well-Known Member

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    hi all .
    Just wondering who is investing in the western suburbs of Melbourne ?
    iam interested to see where if so, and why there ? if you want to share
    iam looking at investing in the west later in the year if all goes well
     
    the world is your oyster, 22nd May, 2016
    #1
  2. hash_investor

    hash_investor Well-Known Member

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    How far in the west do you want to go?
     
    hash_investor, 23rd May, 2016
    #2
  3. Coota9

    Coota9 Well-Known Member

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    Price
     
    Coota9, 23rd May, 2016
    #3
  4. melbournian

    melbournian Well-Known Member

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    melbournian, 23rd May, 2016
    #4
  5. the world is your oyster

    the world is your oyster Well-Known Member

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    Prob around 250-450k something value add
     
    the world is your oyster, 23rd May, 2016
    #5
  6. Redwood

    Redwood Well-Known Member

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    Hi there - not much you can do for $250-400k unless its a small unit say in Sunshine. Will need a bigger budget to get the right property - for the 'western growth' zone, look past footscray which for me is now 'peaking' and move further up the highway to braybrook snd beyond.

    Sytay away from Pt Cook and Melton which are H&L focused
    Cheers Ivan
     
    Redwood, 28th May, 2016
    #6
  7. Novac

    Novac New Member

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    I live in Point Cook and would not recommend buying an investment here if you are interested in capital gains. Theres still a lot of land for development. And you would not get anything in your required price range. Btw the guy in Pt Cook who sold for $1.2M over capitalised, so I am told by ppl who know him.
    Werribee might be a better option for you.
     
    Novac, 29th May, 2016
    #7
  8. Greyghost

    Greyghost Well-Known Member

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    $400 will get you deer park, Tullamarine, Gladstone park, westmeadows, St. Albans, kealba, jacana (list is not complete, just what I thought of off the dome).
     
    Last edited: 29th May, 2016
    Greyghost, 29th May, 2016
    #8
  9. Greyghost

    Greyghost Well-Known Member

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    Greyghost, 29th May, 2016
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  10. melbournian

    melbournian Well-Known Member

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    I wouldn't be buying there now too. They're overpriced now
     
    melbournian, 29th May, 2016
    #10
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  11. Barny

    Barny Well-Known Member

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    Which one do you like best?
     
    Barny, 29th May, 2016
    #11
  12. KoopaTroopa

    KoopaTroopa Active Member

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    Tullamarine, Gladstone Park, Westmeadows and Jacana are kinda stretching the "Western suburbs" definition

    Of the actual west suburbs, I'd choose St. Albans over Deer Park
     
    KoopaTroopa, 31st May, 2016
    #12