Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of mishier395mishier395
    Participant
    @mishier395
    Join Date: 2011
    Post Count: 3
    June 21, 2011 - 6:20 am
    fredo_4305 wrote:
    What about a unit closer to the city?

    Hi fredo,

    Thanks for your suggestion. All I worry about unit is the uncertainty of capital gain. Do you recommend any area good for units hunting?
    regards,
    Mishier

    Profile photo of mishier395mishier395
    Participant
    @mishier395
    Join Date: 2011
    Post Count: 3
    June 21, 2011 - 4:04 am
    christianb wrote:
    Hi Mishier,

    There are plenty of places to look, but a few fundamentals never go "out of fashion".

    1. Proximity to public transport
    2. Distance to the CBD
    3. Proximity to shops, schools and other amenities

    And in you case, if you are looking to subdivide later, I would add zoning and overlays.

    With all that in mind, I would suggest West Heidelberg, Footscray and Newport offer some value.

    From the planning applications we have been handling there seems to be good sized land down Chelsea way.

    Best wishes with your search.

    Hi Chris,

    Thanks for your quick response. I have never looked into those areas you mentioned. But I do know some investors buying in Heidelbery West these days. Will have a look.

    regards,
    Mishier

Viewing 2 posts - 1 through 2 (of 2 total)