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why are u trying to buy in st kilda or elwood?

have you lost the plot? as a first house.... ?????

dude rent there instead and buy a shitter in another suburb and rent it out instead

sif buy there for your first house

haha

cheers for the advice, dont get me wrong, i have a plan in mind. :thumbsup:

why are u trying to buy in st kilda or elwood?

have you lost the plot? as a first house.... ?????

dude rent there instead and buy a shitter in another suburb and rent it out instead

sif buy there for your first house

assuming he's planning to rent it out, I don't see an issue with it...

I considered it when buying mine...it was either build out here, or buy an apartment in/around the city...Around the same money for a lot less house, but location location and all that shit....Decided I didn't really wanna move to the city when all my mates etc are out here, so I decided to build out here instead....

I considered it when buying mine...it was either build out here, or buy an apartment in/around the city...Around the same money for a lot less house, but location location and all that shit....Decided I didn't really wanna move to the city when all my mates etc are out here, so I decided to build out here instead....

yeah its a hard choice.

Some dodgey built and overpriced appartment in the city or a full house and land package in the suburbs.

Both options have their pro's and con's. Comes down to what the buyer wants in the future.

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

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

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