It's my first time to think about property investment.
Currently I am really interested in an off-plan apartment in Parramatta:
The one I've already paid $5000 deposit is 80 sqm (unit area).
It's 2 bedrooms+2 bathrooms+1 carpark in level 9, cost is 747k.
It's for investment only.
My budget is up to 750k and I am only looking for off-plan property as my down payment is only 10% and I will pay another 10% when the apartment settled, which is more suitable for my financial situation.
The council has invested a lot in the develpment of Parramatta and surrounding area but 750k is still not a small number.
Anyone can give me suggestions (on price, location, expected growth etc)?
Currently I am really interested in an off-plan apartment in Parramatta:
- 500 metres from train station,
- will be the highest apartment in Parramatta (40 levels)
- besides Deloitte,
- near NSW Police Force,
- will be settled in the end of 2017 which can release my financial burden somehow,
The one I've already paid $5000 deposit is 80 sqm (unit area).
It's 2 bedrooms+2 bathrooms+1 carpark in level 9, cost is 747k.
It's for investment only.
My budget is up to 750k and I am only looking for off-plan property as my down payment is only 10% and I will pay another 10% when the apartment settled, which is more suitable for my financial situation.
The council has invested a lot in the develpment of Parramatta and surrounding area but 750k is still not a small number.
Anyone can give me suggestions (on price, location, expected growth etc)?
Will you choose Parramatta for property investment?
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