VIC Which suburbs for investment?

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

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  1. santhoshjose

    santhoshjose Active Member

    Joined:
    31st Dec, 2017
    Posts:
    25
    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?
     
  2. Skinman

    Skinman Well-Known Member

    Joined:
    9th Jan, 2018
    Posts:
    609
    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
     
    Westie likes this.
  3. Westie

    Westie Well-Known Member

    Joined:
    19th Jun, 2017
    Posts:
    1,104
    Location:
    Melbourne
    Yep, no spoonfeeding's going to happen. DYOR and come back with questions.
     
    Skinman likes this.
  4. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    11,394
    Location:
    Melbourne

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