All Topics / Help Needed! / Thoughts on good suburbs to buy in melbourne?

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  • Profile photo of Ample electricsAmple electrics
    Participant
    @ample-electrics
    Join Date: 2015
    Post Count: 2
    June 24, 2015 - 9:45 am

    Hi All,

    Just after everyone’s thoughts on what’s the best suburbs to buy in for development etc. I am aware that everyone has there own opinion and here are mine. Blackburn South, Frankston, Sunshine. Would love to hear what what everyone thinks

    Profile photo of RedwoodRedwood
    Participant
    @redwood
    Join Date: 2013
    Post Count: 340
    June 24, 2015 - 4:07 pm

    Hi there –

    Depends on price, here are my thoughts:

    Development:
    Noble Park, Dandenong, Braybrook, Yarraville, Footscray, Sunshine

    Blackburn is a significantly more expensive suburb to purchase a site of 700 sqm +

    Frankston – no thanks for me.

    For a 700-1000sqm development – the price will vary in each suburb highlighted above, always consider proximity to public transport and schools.

    We just completed a development in Hawthorn East which was fantastic now looking for a reno in Hawthorn/ Kew…

    Cheers Ivan

    Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
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