Also you have to realise in Sydney, majority of people prefer to rent only if it is close to the city or close by the beach e.g. Bondi etc. I know someone who bought in St Leonards on Pacific Highway for a 75 meter square 2 bedroom with 1 bathroom apartment off the plan at around $750k. That was bought in 2014. I suggest you only buy in the lower north shore and eastern suburbs as you will have young professionals renting and it is less hassle with chasing up on rent etc. Or you look at inner city like Chippendale, Newtown, Alexandria, Redfern, Surry Hills, Pyrmont, Ultimo and Paddington etc These areas also attract many renters,
Also another person who bought in Melbourne with the apartment providing a guarantee rental income of 10% yield for a limited amount of time (unsure of the period) if there are no tenants renting. Don't listen to the real estate agents only, check yourself via the internet :)
yanange 發表於 15-11-24 21:24
Epping at 900m with 3 bedrooms is expensive.Epping isn't a upper class suburb and it is further from ...
thanks a lot!I also suspect the info provided by those agent in HK who are selling Australia property, they always promote those properties with very high premium and claim that the rental income is very high.
Epping at 900m with 3 bedrooms is expensive.Epping isn't a upper class suburb and it is further from city. I would pick Chatsoowd, St Leonards or North Sydney if I pay that price. Also rent of 800 is too high for Epping,
I know that 800 will only happen if in North Sydney, or out in the Eastern Suburbs like Double Bay, Rose Bay, Rushcutters bay; because it is closer for the professionals and those are upper class suburbs.
DO NOT buy at 900k for 3 bedroom in Epping. It's a rip off.
JamesFoo 發表於 15-5-14 20:04
If your budget is ok, 3bedroom is better
can you recommend any new or off the plan apartments in Epping or chatswood? As agents always recommend the apartments with premium price when compared with
market price.
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