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Where to buy in St George Area, Sydney

Discussion in 'Real Estate' started by tina, 20th Sep, 2007.

  1. tina

    tina New Member

    Joined:
    20th Sep, 2007
    Posts:
    1
    Location:
    Sydney
    Hi
    I am new to this forum, and new to property investing.

    I am looking for some guidance about buying in the St George Area. Budget is approximately $300,000, possibly to $350k. i am looking at a unit as an invesment property.

    Any suggestions as to how to go about picking good suburbs in this area?

    Thanks
    Tina
     
  2. myarhidia

    myarhidia Member

    Joined:
    12th Oct, 2006
    Posts:
    21
    Location:
    Kingsgrove
    Hi Tina, welcome to the forum. If you had a bigger budget, we could talk as I'm about to list my IP with an agent, why give them a commission ;)

    I can't comment on other suburbs in the St George area, as my unit is located in Kogarah, so I can talk about that. It's an easy walk to the station, and both the public & private hospitals. In the 9 1/2 years the unit has been vacant for no more than a week, and that was only because it was being painted, otherwise they would have moved in right after the previous tenants move out. Return / income has always been good as well, any once you get nurse(s) renting it, they always know someone that wants to move in when they move out.

    Good luck.