Matty replied to the topic What is the best option for investing $400,000 in Melbourne property in the forum General Property 8 years ago
Yes, Corio is also a good option considering the price.
I have read a few artciles on recent investor interest in Norlane/Corio and also state govt has also been investing heavily in these areas.
My key points for Norlane
1. People renting here have option of working both in geelong and Melbourne CBD due to train station
2. Potential of North…[Read more]Matty replied to the topic What is the best option for investing $400,000 in Melbourne property in the forum General Property 8 years ago
Norlane seems to be a good option for long term investment. Close to station, 55mins to Melb CBD, 10mins drive to Geelong CBD.
You can find large block of land (approx 700 plus) with weathboard house for less than $400k.
Matty became a registered member 8 years ago
