Help Needed~ Should i buy apartment if you know that your neighbouring suburb is going to have a huge development on apartments

Broadway ?… haha
Are you smoking weed or something ?

Investing there is like giving your money to your wife and letting her go shopping : Ie it's a big, black hole.

ie : NO… you should not invest at all and ESPECIALLY not in dodgy area's like 'Broadway NSW'.

tip for free: When people use names like 'broadway' and they are located in the middle of NOWHERE, your alarm lights should go off.

Stay away from that place.

K, you are probably thinking of the redevelopment of the Kent Brewery site (the biggest redevelopment site located within 10km of the CBD). This is going to be a major transformation of the southern extremity of the city (or Central Station area).

The area is going to undergo major changes with major investment earmarked by UTS, also located close to Sydney TAFE, Sydney Uni (so huge shortage of affordable student accommodation – read opportunity for the right $$). There is excellent rail, light rail, bus and road infrastructure in existence, mooted Metro station to be integrated into Central as well.

The existing Broadway Shopping Centre/Cinemas has undergone some refurbishment/tenancy remix (ie full blown supermarket is within walking distance). Also close to Chinatown and Darling Harbour.

You will need to make your own assessment of demographics, demand, supply, lead time and the eventual effect of a new retail, commercial and residential hub in close proximity to your identified investment.

PS Scamp – what do you think of areas like Darlington, Golden Grove, Westgate or Forest Lodge?