VIC Wyndham Vale vs Werribee

Discussion in 'Where to Buy' started by aram05, 28th Oct, 2019.

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  1. aram05

    aram05 New Member

    Joined:
    13th Mar, 2019
    Posts:
    2
    Location:
    Melbourne
    Hi all,

    I am hoping to get some advice about where to purchase my next investment property.

    I purchased my first in Geelong in 2012 which has gone up in value quite substantially. I’d like to use the equity to purchase my next in either Wyndham Vale or Werribee.

    I’m not overly familiar with either suburbs, however have read that both have high growth. Budget is around the $400k mark. Idea is to rent it and watch it grow.

    Any recommendations on both suburbs would be appreciated!
     
  2. Westie

    Westie Well-Known Member

    Joined:
    19th Jun, 2017
    Posts:
    1,106
    Location:
    Melbourne
    If I were you, I'd buy in Werribee as close to the trains/Pacific Werribee. But, $400k isn't likely going to get you a freestanding house. $425k or so, yes. Avoid the streets with bird names in them.
     
    ashish1137 likes this.
  3. Ko Ko Naing

    Ko Ko Naing Mortgage Broker Business Member

    Joined:
    10th Aug, 2015
    Posts:
    609
    Location:
    Melbourne
    Werribee any time for me. More established area. Somewhere close to train stations is always good for those who want to come and work in the city.
     

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