VIC Where to buy IP in Melbourne?

Discussion in 'Where to Buy' started by Hendrick, 3rd May, 2021.

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  1. Hendrick

    Hendrick New Member

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    24th Feb, 2021
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    Location:
    Hughesdale
    I have a rough budget of $530k and looking for a IP in Melbourne. Any ideas where to buy?
     
  2. Momentum

    Momentum Well-Known Member

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    19th Aug, 2015
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    Location:
    Collins St, Melbourne
    Walk up unit, 1-2 bedroom inner bayside - St Kilda West, Elwood
     
    Mulianto likes this.
  3. InternetName

    InternetName Member

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    12th Jul, 2019
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    Location:
    Melbourne
    Just opened a thread with a similar question. What’s a walk up unit ?

    Would have always thought house over units or appartments
     
  4. Tony3008

    Tony3008 Well-Known Member

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    20th Jun, 2015
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    Location:
    Docklands, Victoria
    Walk up = no lift. Lifts cost money, in routine maintenance, repairs and ultimate replacement.
     
    The Y-man likes this.
  5. mytwocents

    mytwocents Well-Known Member

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    9th Jul, 2018
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    Location:
    Melbourne
    Only problem with Elwood is the crime rate... constant break ins
     
  6. Onyx_OCAU

    Onyx_OCAU Well-Known Member

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    11th Jan, 2021
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    Location:
    NSW/VIC
    But it's an IP, you won't live there. Not your problem IMHO.
     
    The Y-man likes this.
  7. ele

    ele Member

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    30th May, 2021
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    Location:
    Richmond
    Need more details? What are your must have in the area? Good School? Transportation?…etc
     
  8. Frenchie

    Frenchie Well-Known Member

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    12th Feb, 2020
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    Location:
    Melbourne
    Dallas?
     
  9. Westie

    Westie Well-Known Member

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    19th Jun, 2017
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    Location:
    Melbourne
    +1 to a walkup unit in the Elwood area, maybe Elsternwick too (if you can find one). Or steer your search towards Geelong.