NSW Where to invest?

Discussion in 'Where to Buy' started by Natasha Thomas, 16th May, 2022.

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  1. Natasha Thomas

    Natasha Thomas Member

    Joined:
    24th Feb, 2020
    Posts:
    9
    Location:
    Sydney
    Tapping into brains trust here!

    Looking to invest with finance of around $550k available. Would love a freestanding house with development potential but open to all ideas.

    Single mum here so need property to be cash flow neutral at best.

    Would love any advice!!
     
  2. spludgey

    spludgey Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,523
    Location:
    Sydney
    Buy two in Elizabeth.
     
    Natasha Thomas likes this.
  3. TheYak

    TheYak Active Member

    Joined:
    10th Oct, 2021
    Posts:
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    Location:
    Sydney
    Start reading through all of the threads on here as there is some good information. Won't be much of what you are looking for in NSW so I would look interstate. Perth is a good option atm
     
    Nando Lee likes this.
  4. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,264
    Location:
    Sydney? Gold Coast?
    Do some research. Australia is a big place with lots of great places to invest. Nobody knows your situation like yourself, so don't expect people to post up solutions that are appropriate.

    Look at the major RE websites. Look at the prices for the properties and the potential rental income. From there you will find places that you can afford, and then research the areas to see which ones you like/don't like.
     
    Natasha Thomas likes this.
  5. Ruby Tuesday

    Ruby Tuesday Well-Known Member

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    8th Mar, 2021
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    1,484
    Location:
    Danistan
    46 Seventh Street, Mildura, Vic 3500 - House for Sale - realestate.com.au. You can find tradies and network at Irymple hotel. For PM consider Ray White
     
    Last edited: 18th May, 2022
    Natasha Thomas likes this.
  6. 27649

    27649 Well-Known Member

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    6th Jul, 2020
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    Location:
    Rockhampton
    Plenty of opportunities that ticks those boxes up here in Queensland.
     
    Natasha Thomas likes this.
  7. Stockastics

    Stockastics Well-Known Member

    Joined:
    5th Sep, 2016
    Posts:
    87
    Location:
    Sydney
    More info like city/town would be helpful.. from there you will have to drill into the suburbs by putting a filter on realestate.com.. once you have narrowed down some options, people would be able to help you..
     

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