Living and Working in Australia Forum With Immigration and Travel Information - View Single Post - House/land package v buy established?
View Single Post
  #2 (permalink)  
Old 10-19-2019, 07:01 AM
whiterocks whiterocks is offline
Active Member
 
Join Date: Jun 2019
Posts: 19
Users Flag! From australia

2 likes received
11 likes given
Hi how are ya , if you drop back anyway.

Me l've always had a love of older places and renovating so l've gone for that sort of thing. lt also gives you the chance to build equity in a just a few years. As well as lower repayments if you pick something up ran down a bit.
Where as buying new things either have to go up or you need to pay it down before you have much equity.

But if l wasn't concerned about any of that stuff , l'd buy new.
Because as soon as the economy starts sliding they start doing great deals again and really at the same price often less than a renovated second hand house anyway, but your living in a brand new place , day one, how cool would that be. All l've lived in is renovators .

So if your not into renovating often a brand new house is about the same price anyway.
l do love the charm in many older places though too myself.

Reply With Quote