Hi there!
We have a question – we have found the ideal PPOR in Ashburton – only problem it is on Warrigul Road!
Pretty much the home ticks all of our boxes – close to work, separate kitchen, 3 bedrooms and obviously priced according to the fact that it is located on a busy road. We just wanted some advice on people's thoughts on this. Obviously criteria is different to buying your own home as opposed to an investment property, and obviously re-selling might be a problem, but with the market in a state of flux, and Ashburton being a highly sought-after area – maybe it's not such a bad buy?Any advice!?
Thnx!
WoodieWoodie,
I'm up the road from you mate
I don't think Ashburton is such a bad buy, nice gym/pool, shops etc. Rail, good schools in close proximity. Chaddy…
Biggie for me is Warrigul RD.
There are plenty of people living along it, people with kids and huge gates to keep said kids inside. I would go at every possible time of day and look at access and traffic, noise etc. I would be more inclined to put units or apartments on a block that was directly onto Warrigul (hey that's just me
) If you are happy with it then go with it. I don't see buying a PPOR as the same thing as investing. The criteria is completely different ans is more often about the house as you need to live there. It is really hard to get something that is a good investment as well as being good to live in.Good luck, hope it works out for you.
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeHi DWolfe!
Thanks so much for your reply – do you actually live on Warrigal Road? I agree – the suburb is awesome for facilities and location. For our first home, we want to make sure we make the right decision and not end up with a place we won't be able to sell if the market drops – also if it won't go up much in value as the rest of the suburb will obviously do b/c of its location!
You're right about it being about the house when it becomes a home! LOL! Such a hard choice to compromise when you're a first home buyer and also want the benefits to be able to use as an investment later on!
WNope Woodie, don't live on Warrigul Rd, I live on a road that abuts it and a couple burbs over (the burbs are small so not far!)
Yeah as long as you buy well and truly under market then you won't care if everything else drops in price.
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email Me
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