Showing posts with label Finding A Deal. Show all posts
Showing posts with label Finding A Deal. Show all posts

Tuesday, 1 November 2011

What/Where Can I Buy In Western Syndey - Max $300K/Min 3Bdrm

What/Where Can I Buy In Western Syndey - Max $300K/Min 3Bdrm



Criteria: 20KM Radius of Paramatta 2150, Max $300K, Min 3 Bdrm

The Strategy: Buy a free standing house that has been already renovated on the inside, so it will immediately fetch good Yield but looks pretty crappy on the outside, hence leaving room for external renovation and manufactured Capital Growth

Suburb Statistics - CARTWRIGHT (Approx. 17km from 2150)
1yr sales growth locality %     4.53%
Med. rent (3 bdrms) / week     $350
Med. rental yield (3 bdrms)     5.4 %
Med. listing price (3 bdrms)     $339,950

Suburb Statistics - BUSBY (Approx. 17km from 2150)
1yr sales growth locality %     3.14%
Med. rent (3 bdrms) / week     $340
Med. rental yield (3 bdrms)     5.2 %
Med. listing price (3 bdrms)     $339,000

Suburb Statistics - HECKENBERG (Approx. 17km from 2150)
1yr sales growth locality %     6.26%
Med. rent (3 bdrms) / week     $340
Med. rental yield (3 bdrms)     5.1 %
Med. listing price (3 bdrms)     $349,950

Suburb Statistics - ROOTY HILL (Approx. 16km from 2150)
1yr sales growth locality %     -2.72%
Med. rent (3 bdrms) / week     $370
Med. rental yield (3 bdrms)     5.4 %
Med. listing price (3 bdrms)     $355,000

Suburb Statistics - DOONSIDE (Approx. 14km from 2150)
1yr sales growth locality %     -1.47%
Med. rent (3 bdrms) / week     $350
Med. rental yield (3 bdrms)     5.4 %
Med. listing price (3 bdrms)     $339,950


Suburb Statistics - WARWICK FARM (Approx. 13km from 2150)
1yr sales growth locality %     N/A
Med. rent (3 bdrms) / week     $320
Med. rental yield (3 bdrms)     4.2 %
Med. listing price (3 bdrms)     $395,000

Suburb Statistics - LANSDOWNE (Approx. 9km from 2150)
1yr sales growth locality %     N/A
Med. rent (3 bdrms) / week     N/A
Med. rental yield (3 bdrms)     N/A %
Med. listing price (3 bdrms)     $240,000

Suburb Statistics - BLACKTOWN (Approx. 9km from 2150)
1yr sales growth locality %     5.27%
Med. rent (3 bdrms) / week     $380
Med. rental yield (3 bdrms)     5.2 %
Med. listing price (3 bdrms)     $379,000

Suburb Statistics - MARAYONG (Approx. 9km from 2150)
1yr sales growth locality %     0.51%
Med. rent (3 bdrms) / week     $380
Med. rental yield (3 bdrms)     5.2 %
Med. listing price (3 bdrms)     $379,000

Tuesday, 2 August 2011

Finding A Deal: Question 2 - Transport?

The area you choose to focus on should have easy access to public transport

How Do I Find Out If Public Transport Is Easily Accessible?
  • Check the council website for the area
  • Google for 'area name' transport map
  • Find the name of the company running the transport in that area and visit their website
  • Once you have all the maps (bus/tram/train) save them somewhere safe - you should include them in any Business Plan that you are showing to potential investors

Finding A Deal: Question 1 - Employment Area?

We hear that it is important to ensure that the area you are focussing on offers close proximity to an 'employment center'.

Well, what is an employment center?

  • Where the money is made
  • ???
How close should my area be to a definitive employment center?

  • ???
How do i find out if my area is close to an employment center?

  • Start with the Area Council website. 
    • Have a look at their zoning map; look for industrial and commercial zones within your chosen area
  • ???