VIC Where to buy in Geelong area with upto 500k

Discussion in 'Where to Buy' started by Nige12, 12th Jul, 2017.

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  1. Nige12

    Nige12 Member

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    9th Jul, 2017
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    Location:
    cheltenham, Victoria
    in terms of growth, with a budget of upto $500k, where would you buy in the Geelong area and why for an IP?
     
  2. Tranquilo

    Tranquilo Well-Known Member

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    18th Jun, 2015
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    Mascot
    Many options I'll give you one, Hamlyn Heights its going through gentrification now and 10 minutes to CBD close to the ring road. Also has the big high school where they merged 3 high schools into 1. Close to major supermarkets and if you like the cafe thing 5 minutes to Pako in West Geelong.
     
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  3. larrylarry

    larrylarry Well-Known Member

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    Location:
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    Are you local? Should spend some time in the areas you like. Sounds like the whole of Geelong is moving. I will look at suburbs with low stock and check rental listings. I prefer a suburb with mostly oos.
     
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  4. NWHT

    NWHT Well-Known Member

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    Melbourne
    I'm only new but have read quote a few threads about Geelong, @Dave3214 always posts good information. Try looking at Newcomb (@David Shih has a map sketch map of investment areas) or Norlane.
     
  5. MikeyBallarat

    MikeyBallarat Well-Known Member

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    26th Aug, 2016
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    Ballarat East
    Seconded! A weatherboard in Hamlyn Heights would do you nicely. Check it out for yourself, it's a gorgeous area.
     
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  6. Darwin55

    Darwin55 Well-Known Member

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    Darwin
    Are there any buyers agents that specialise in Geelong?