VIC Where to buy with $400K

Discussion in 'Where to Buy' started by Zyzz, 18th May, 2017.

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  1. P1ngu

    P1ngu Active Member

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    Wyndham Vale has H&L sub 400k turnkey if youre lucky
     
    P1ngu, 18th May, 2017
    #21
  2. melbournian

    melbournian Well-Known Member

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    at 250K in frankston north - is really too cheap at that time
     
    melbournian, 18th May, 2017
    #22
  3. sash

    sash Well-Known Member

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    How big is the land and house size?
     
    sash, 18th May, 2017
    #23
  4. P1ngu

    P1ngu Active Member

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    Without having your knack to get in the good estates early and cheap, these days a turnkey 350m land + 17.5sq house bundle 200m from the train station and shops looked great for 360k
     
    P1ngu, 18th May, 2017
    #24
  5. Northboy

    Northboy Well-Known Member

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    Pretty good? Pretty good?? That's amazing! I would just say don't necessarily expect that level of capital growth all the time. Especially over the next few years
     
    Northboy, 18th May, 2017
    #25
  6. PorkBellyLover

    PorkBellyLover Active Member

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    A little bit off topic, @sash and @Air_Bender, have your IPs in Melton or Werribee been broken into? If yes, how do you guys deal with the situation and tenants?
     
    PorkBellyLover, 19th May, 2017
    #26
  7. sash

    sash Well-Known Member

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    Nope.....
     
    sash, 19th May, 2017
    #27
  8. Air_Bender

    Air_Bender Well-Known Member

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    Nope! :)

    If it was and there was damage to my property I'd let my PM take care of it. I've got Building and Landlords insurance and I'd have no problem instructing her to launch a claim.

    My current tenants have 3 dogs and without going into too much detail let me assure you anyone who breaks into the property won't be leaving in a hurry. :D
     
    Air_Bender, 20th May, 2017
    #28
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  9. Air_Bender

    Air_Bender Well-Known Member

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    To reiterate how fast prices are moving in Melton South I just saw the Domain auction results for the property I posted about a couple of days ago that had a price range of between $309k and $339k. Agent at the time told me that it could go for as high as $350k with the amount of interest they've had. Well, it just sold for $430,500!
    I still think that's a bargain for what you're getting but let me just say that I'm so glad I got in when I did.

    @sash, gotta give you props mate. I didn't even know where Melton was until I saw your posts.

    Cheers! :)
     
    Air_Bender, 20th May, 2017
    #29
  10. sash

    sash Well-Known Member

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    Yep moving quickly...waiting on a mate who has a 1000sqm property...he has 450k plus expectations...he bought for 200k in 2012.....likely it will crack 500k!
     
    sash, 20th May, 2017
    #30
  11. Air_Bender

    Air_Bender Well-Known Member

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    I reckon it'll crack 500k too considering the lot size. Especially if it's near the train station.

    Please do keep us posted.

    :)
     
    Air_Bender, 20th May, 2017
    #31
  12. flyhere

    flyhere Well-Known Member

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    @sash, I owe you a big thank you ! I was unaware of Melton until I read so many detailed information from your posts talking about Werribbe & Melton.

    I am glad I got in before the prices jumped up so fast in so short time!
     
    flyhere, 20th May, 2017
    #32
  13. The Y-man

    The Y-man Moderator Staff Member

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    The Y-man, 20th May, 2017
    #33
  14. sash

    sash Well-Known Member

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    No worries still a lot of doubters..... ;)
     
    sash, 21st May, 2017
    #34
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  15. Air_Bender

    Air_Bender Well-Known Member

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    Air_Bender, 30th May, 2017
    #35
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