Yo Ozbees , I am planning to buy an investment property range 350K to a maxto max of 400K.
Two option should i buy a townhouse in Newcomb Geelong which in on a lot of land consisting of 10 other units.
Or on a similar price range buy a House in Whittington Vic ( which is opposite to Newcomb Vic on map separated by Bellarine Highway) .
Thanks in advance for your inputs.
Especially in lower-priced, low-demand places that usually suffer the worst falls in prices the fastest.
Yes true market going down , but buying coz i can afford now so rather invest otherwise i may blow out the cash
Definitely Whittington. Bonus points if you can land something on Solar Drive… the returns will be out of this world!
My thoughts exactly Thanks.
You're obviously not familiar with the area as you didnt pick up on my sarcasm.
I'd suggest you do a bit more research as Solar Drive is a renown trouble spot, with a mix of former commission housing and privately built housing.
oops ok that was a sarcasm then. Good on you to comeback and mention this. Have heard about Solar drive.
Put it in bitcoin now, then sell next year and buy a mansion in Toorak.
The market is going down. it’s the wrong time to purchase a property.