If someone remembers, I told about 6 months ago my story how not to shift houses. Eventually everything went well and we have now settled in our new house and like living here.
But after 3 months living here and 9 months since we bought the house, house prices in the area have sky rocketed. A week ago a house in our street sold $500k more than what we paid for. The 2 separate REAs estimated that we should at least see $350k gain, if we decide to sell.
Because we are greedy people, it is really tempting to sell, pack up again and move to the some leafy middle ring surburb in East of Melbourne. So that we can realise the capital gain of this place we naturally have to move to the other suburb that still has some capital growth left and excellent public transport connections to the city. But where, that's the problem... All suggestions are welcome. The budget is about $1m.
We were thinking about Blackburn. But are the house prices already peaked in Blackburn? Any other better suggestions?
But after 3 months living here and 9 months since we bought the house, house prices in the area have sky rocketed. A week ago a house in our street sold $500k more than what we paid for. The 2 separate REAs estimated that we should at least see $350k gain, if we decide to sell.
Because we are greedy people, it is really tempting to sell, pack up again and move to the some leafy middle ring surburb in East of Melbourne. So that we can realise the capital gain of this place we naturally have to move to the other suburb that still has some capital growth left and excellent public transport connections to the city. But where, that's the problem... All suggestions are welcome. The budget is about $1m.
We were thinking about Blackburn. But are the house prices already peaked in Blackburn? Any other better suggestions?