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Vic Wasteland Thread

paulr33

By paulr33,
in Victoria

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VSPECT
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who cares....ill stand to what i said...IPHONES ARE GAY!!! GALAXY FTW!!!!!!!!!

VSPECT
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iphones gay....

krzysiu
krzysiu

Aww grant. Says your rep is poor now! I'm on +1 haha *waits for everyone to give this post negative rep*

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Astro Bear Veteran

Astro Bear

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I've got a meeting with my supervisor for a research essay i'm doing.. he emailed me yesterday saying he was available 'tommorow'.. off to a good start haha

Spoiler: that's not how you spell tomorrow

Yeah, big whoop wanna fight about it?

Rekin Grand Master

Rekin

Posted
Posted

even still if u want to rent it out

why bother if you are just going to rent it out

buy a shitter in a place like craigeburn or something and rent that out

and rent where you want to live if you insist on living in st kilda / elwood

charge more rent for inner city joints...

True. Elwood fetches a decent price rent wise.

im not convinced good rent money = good investment idea, as with good rent comes good (ie high) repayments for the land value

i would expect the good idea behind investment would be good growth

thats why i reckon its better to buy a renter in some suburb thats cheap and likely to go up

plus its easier to afford and the land is less value

just see no purpose behind buying in stkilda/elwood ?

unless you can afford it and you have tons of spare cash

In 5-10yrs time, a property in inner city will increase more in value than your average suburbian household (this can be argued, depending if you pick an unusual growing suburb)

For example; Bendigo have plans for a new hospital, so property prices will increase due to more demand for housing for nurses, doctors etc

Gladstone (in qld) is planning to setup a major oil/gas refinery and again demands will go up.

However, a steady rapid incease in property value is always certain for inner city housing. (unless australia suffers through a gfc scenario, but then every house will be affected) and I believe you will get larger growth in the inner city than your average suburbian location in a short period of time

Huge rental demand in St.Kilda and Elwood. Stats reveal 70% of residents in both suburbs. Meaning much higher rent (due to demand)

A 1 bedroom appartment can fetch as much rent as a 3 bedroom house in the suburbs.

Alex, share your wisdom on the housing industry :P

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