Saturday, August 1, 2009

Apartment hunting!

Over the weekend I have been hopping from one estate agent to another to look for a affordable apartment for myself. Ideally I wanted a 2 bedroom and with good rental returns later.

However, a 2 BR in the city will cost AUD 500K above, while in a quiet suburn (40mins train ride to city) will cost 400K below. I am now in a dilemma if I should stick to somewhere near city but most probably I could only afford a 1BR instead.

I was trying to convince myself, probably one step at a time, get an affordable one, later if opportunities arises again, I can change to a 2BR unit. If I end up with a 1BR then I need to make sure my kitchen and guest hall is big so I can convert to a bedroom if there are guests. Probably I should start charging as well!

Properties in Sydney is overpriced! Sometimes I wonder if it's worth it at all.

2 comments:

Bahija said...

whatever la, JUST MAKE SURE ada nice comfy guest room for me or your guests to stay yea :P

rotitelur said...

I will go for 2br in the city, the investment return value is higher.