Should I buy a house in Doncaster now?

Hi everybody. I got a couple of questions that want to ask.
I'm an international student Year 12,
I'm wondering should I buy a house in Doncaster (3108) to live in the next 7 years then sell it? Will I make a net loss and how much it would be?
Should I buy now?
Thanks a lots, have a great day everybody.
The opinions expressed here are those of the individual and not those of Homely.com.au.
Report
2
people following this question

1 Answer

Hi NhaPham,
In my opinion I think its highly unlikely that you would be at a loss if you were to purchase a property now. The housing prices in all of Melbourne suburbs have only increased over the last decade. Obviously there a big variations between the areas but as a whole they have all increased in value.

1
The opinions expressed here are those of the individual and not those of Homely.com.au.
Report

Rentals in Glenroy, VIC 3046