Hi all,
This is my first post and hoping to get some advice with purchasing my 2nd investment property. My exisiting IP is in Tarneit.
I have been approved for 330k, but I don't necessarily want to spend that much.
As a single mum within the lower income bracket, I think something with a high rental yield and steady capital growth would be safest for me. I am interested in a bigger block that I can later develop on.
I don't mind a property I can do minor renovations on.
The areas I've been told to look into are:
- Laverton
- Hoppers Crossing
- Werribbee
- Norlane
- Corio
- Ballarat
- Bacchus Marsh
I don't think I can afford anywhere else :/
What are your thoughts?
Thank you in advance!
This is my first post and hoping to get some advice with purchasing my 2nd investment property. My exisiting IP is in Tarneit.
I have been approved for 330k, but I don't necessarily want to spend that much.
As a single mum within the lower income bracket, I think something with a high rental yield and steady capital growth would be safest for me. I am interested in a bigger block that I can later develop on.
I don't mind a property I can do minor renovations on.
The areas I've been told to look into are:
- Laverton
- Hoppers Crossing
- Werribbee
- Norlane
- Corio
- Ballarat
- Bacchus Marsh
I don't think I can afford anywhere else :/
What are your thoughts?
Thank you in advance!