Hi All,
I am a Australian Citizen & currently living in Middle East. I am thinking about buying investment property (villa/house) in Sydney or Melbourne. My plan is to buy land & build house. Budget is around $500k. Please can you help me with some questions –
Q1. If anyone can suggest me some “reputed” property investment or real estate firms that can help me in buying land & constructing house in Mel or Syd ? I am living in Middle East & can’t travel frequently to Australia & hence need someone “reliable”.
Q2. Which one is better between Melbourne or Sydney for property investment ?
Q3. Any good suburbs you would like to suggest where new land sales for building house is coming up ?
My definition of good suburb is – close to train station, commuting time not more than 1 hour to CBD & safe area.
Thanks
AndyAndyDhan
Email MeLooking to buy investment property
Hi Andy
Welcome to the forum and i hope it is not too hold in the East.
Personally I prefer Melbourne over Sydney merely because i believe you get better value of money.
As an Expat have you looked at your Finance options as finance for Non Residents has certainly changed over the last 3-6 months.
In regards to a reliable Buyers Agent for Victoria you can’t go past Jacqui (JacM) from the forum.
Shoot me an email if you need her details.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Sydney has had quite a run up (and Melb for that matter), but the fundamentals for Melbourne over the long term certainly does make it an attractive play. Lisa Parker in Melbourne from http://www.parkerinvest.com.au is worth having a discussion with if looking for a buyers agent expert.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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