Hi,
I'm looking into purchasing a property in Truganina or Tarniet, with the current unstable market i'm unsure whether the prices at the moment in those areas are considered to be the peak i.e I have missed the boat or there is still potential for there to be a rise in the coming few years.
P.S. I have noticed a drop in the prices over the last 6 – 8 months in those areas.
Sooo confused
Similar question to requesting this Saturday's Tattslotto numbers
Those areas have certainly enjoyed a big growth spike – probably due to their proximity to the already-existing Laverton Station which got upgraded, and proximity to the forthcoming Williams Landing station (and yet another due to be built in Tarneit). Be wary of buy and holds from the perspective of vacancy rates, which are quite high in the area.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
I understand there are a lot of first home owners in the area. Generally speaking these areas suffer first when the economy tightens and/or interest rates rise.
Hi Senajav,
Interesting that you say that as recently I have noticed a significant rise in the amount of work out that way. People buying large blocks and building factories and also houses going up. It looks like there is a rise but I haven’t been looking at property prices in the area so not too sure what’s going on there.
Cheers,
Ashley
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