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I'm thinking of investing in property in Ormond, Vic near Caulfield? Is this a good area? About 10-12 km's out of the city, good transport. I can't afford houses, so I'm thinking of a 2 bed unit in the 350-400k range. I'm hoping some more experienced investors can give me some advice as to whether this is a good area to invest?
My thinking is that its reasonably close to the beach and other good suburbs (Brighton, Malvern, Caulfield), close to universities, and good transport? Is this a good sign, or am I overlooking something?
agree that it is a solid suburb that should continue to grow in value
Viewing 2 posts - 1 through 2 (of 2 total)
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