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apartment in brunswick west or student apartments in Carlton

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SU | 09 May 2013, 01:02 PM Agree 0
looking around to buy an investment property in low 300k...Is bruswick west a good place to buy apartment? or Carlton student apartments?

Thanks
  • Bobby | 09 May 2013, 05:02 PM Agree 0
    stay away from student apartments unless what your chasing is a high yield only. They have a limited resale market and that hampers capital growth. brunswick west is ok i guess if your budget only stretches that far.. any reason why your picking that suburb?
  • Geoff Mckenna | 10 May 2013, 04:26 PM Agree 0
    Agree with bobby, avoid student or studio style apartments, you may come into difficulties with finance unless you have a BIG deposit.

    Geoff McKenna
    Guidance Mortgage Brokers
    0405 447 131
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