VIC Which suburbs for investment?

Discussion in 'Where to Buy' started by santhoshjose, 18th Dec, 2019.

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  1. santhoshjose

    santhoshjose Well-Known Member

    Joined:
    31st Dec, 2017
    Posts:
    53
    Location:
    Melbourne
    Hi, I'm looking for an IP at the moment, with about budget less than 700k (can go up a little depends on the deal).

    Would like to have some suggestions for top 3 suburbs around Melbourne preferably house/townhouses. Open to not high rise appartments as well.

    My intention is for good capital yield (3 to 4%) as well as a decent capital growth.

    So what would be your top 3 suburbs of Vic in 2020?
     
    santhoshjose, 18th Dec, 2019
    #1
  2. Skinman

    Skinman Well-Known Member

    Joined:
    9th Jan, 2018
    Posts:
    612
    Location:
    Perth
    Hi mate,

    I reckon you are going to need to give a little more than that to get anyone interested in replying.

    Maybe a bit more detail on what you have considered so far and why?

    Areas you have researched and ruled out?

    What’s your strategy etc etc.

    Cheers
     
    Skinman, 27th Dec, 2019
    #2
    Westie likes this.
  3. Westie

    Westie Well-Known Member

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    19th Jun, 2017
    Posts:
    1,138
    Location:
    Melbourne
    Yep, no spoonfeeding's going to happen. DYOR and come back with questions.
     
    Westie, 27th Dec, 2019
    #3
    Skinman likes this.
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
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    13,500
    Location:
    Melbourne
    The Y-man, 27th Dec, 2019
    #4
    DevD likes this.
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