Hi all,
We are planning to buy land in either of these two places wyndham vale or officer? Can you please suggest which will have better resale value after few years? Which will be more developing?
Thanks
Don't know much about Officer.
Wyndham Value is getting a new train line and accordingly a new train station. Geographically it is in an interesting spot – within 40min commute of major employment hubs of Geelong, Melbourne and Ballarat. 10mins from Werribee, which is also a mini city in its own right. So in terms of capital growth, it's well and truly there. Vacancy rates… well that's a separate question. The number of vacant rental properties in nearby Hoppers Crossing and Tarneit at the moment is scary. Simply driving around the area you can see all the "for lease" boards out front of the houses.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
In your case, buying land, vacancy rates won't be as much of a worry. Did you read anything interesting about Officer?
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