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  • Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    Thank you all for taking time to share your thoughts.
    Derek: Many thanks for the lead, will follow it up. Any area in particular I should focus on?
    Jamie: It’s with Commbank
    Richard: I am currently renting and I hope to be able to buy my PPOR in say 5-6 years. So CG is more important in my situation. As a newbie to the property market, I find myself drowning in pool of information and blockage somewhere in the processing path.
    Which area (s) should I consider with my budget for CG (other than ones mentioned)?

    Ms New
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    Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    Thanks u36ma, you’ve been a great mentor. Will need to look closely at the numbers again.

    Ms New
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    Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    Great advice u36ma and thank you for the link – lots of information there.

    After looking at the units figures in the area, I’m having second thoughts.

    If my ultimate goal is to buy my own PPOR sooner, should I then buy 2 units instead of one house???
    Which would be a better option to achieve my goal.

    Can anyone also enlighten me on this property please.

    http://www.realestate.com.au/property-house-nsw-kingswood-117523691

    Ms New
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    Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    Thank you Tony and Mark.
    Did a rental search for Penrith/kingwoods/St Mary and 90 properties came up available for rent. Is this normal for the area?
    I am feeling the stress already and I’m not even on board.

    Ms New
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    Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    Thank you so much for the information and advice u36ma and Chris. With the right information comes the right decision….I can’t thank you enough.
    I was thinking of buying close to Penrith train station, but from my understanding, South Penrith is the better part of Penrith. Is that still the case?

    Any part or street to avoid??

    Thirst for knowledge, called two property Managers today (in the area) without success (out of office/inspection).

    Ms New
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    Profile photo of Ms NewMs New
    Participant
    @staceyhng
    Join Date: 2014
    Post Count: 9

    BIG thank you to all. I have been actively reading and searching but the more I reading the harder the decision (on here to buy).
    Thankyou Lisa for your recommendation. Rockingham is a much talked about place and I will give Donna a call.

    Thank you once again!

    Ms New
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Viewing 6 posts - 1 through 6 (of 6 total)