i live there and can tell u its a great area and imo very underpriced right now, of course im no expert or nostradamus (spell check!) but i dont see how it can be this cheap for long.. its a bike ride to the city, great quiet location.. only negative would be the average house size would be fairly small
in melbourne i can see it getting big favour as our water restrictions get worse every spring/summer and its definately becoming a problem and tanks will be desired for sure.. we cant even currently wash our cars or mow lawns without checking what is allowed and what isnt, for the largest island in the world surrounded by thousands of kilometres of endless ocean its fairly sad lol.
Imo id say its money well spent and people will appreciate it more as time goes on im sure.
Anyone know much facts about the tanks, ie how long it takes to fill say a 1500L tank or so in an average winter season, if they fill at all?!?
hi Frank
Not to belittle your profession or nothing, but is home interior painting a task that can be learned and performed by the average “handy man” ?? ie is the prep and actual painting practicle to be taken on by an amateur and is it possible for them to get a good finish??? never done it before as yet but cant see any reason i couldnt learn how to do it and do it fairly good
im bias as i live there now but id def say footscray… once a drug ridden messy suburb is now cleaning up nice and getting trendy like yarraville e.t.c… in the 5k radius to the city it has the lowest median house price by a landslide (look at the eastern side, brighton, elwood, toorak!!) its 5mins max drive to the cbd, and its neighbouring suburb is the melbourne docklands, needless to say if i was going to invest id be going for footscray but thats my opinion.
good info guys… another question that worries me
i understand properpty generally inflates but isnt it all bound to run out or slow down??? its like property is rising 5-10% every year but our wages certainly arent going up that much so eventually there must be a point wheres property will just keep going up and up so much that most people wont even be able to buy a bungalow in an outta suburban town.. the mediam melbourne house price for example is something like $320k!