DearDream

DearDream

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Reviews

Hurstville

"Good for Investment"

I'm a young 1st home buyer. I choose Hurstville because I believe its great potential for investment. With rapid growth of populations (particularly new wealthy immigratns) with relatively affortable price compare with inner west and north shore suburbs.

In addition, it's less than 10mins drive to the botany bay/georges river and 20mins to the royal national park for the weekends..

It seems of becoming quite crowdy in Hurstville but luckly, i'm on the quiet side..

Great for

  • Good for Investment
  • Very convenient (transport, shopping, childcare)
0
Tomhurst

I would be extremely careful in investing in apartments in Hurstville. A lot of the developers are not large reputable large corporations and may be sub-standard. For example look at Queens Garden (Queens Rd), the exterior grey walls have already started to crack and it has not even been over 2 years since it was finished.


I would stick with large developers such as Multiplex and Meriton when investing in apartments and for quality buildings and peace of mind.

Aaron

That is why when I purchased a home to live in 4 years ago, I was more concerned about the land size, etc, than the house or views or amenities. I could have purchased a brand new house and land package advertised at around $300K with no stamp duty out in the west, but with additional costs of $50K plus because of all the extras you basically have to pay for to make the place liveable, and on a small 350 sqm block, or purchase a 12 year old existing home on 585 sqm, in an established area, for $580K plus Stamp Duty. In the end, Land is going to be what is scare in years to come, not homes or apartments or units. Can always grow more timber or make more bricks.

Read more: http://www.smh.com.au/business/home-owners-stay-put-as-prices-slump-20120621-20psw.html#ixzz1yQfN42QA

The opinions expressed within this review are those of the individual and not those of Homely.com.au.
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