Tonight, Channel Seven's Today Tonight will showcase Your Investment Property’s Top CBD Suburbs Under $300k, at 6.30PM EST.
There’s good news for budget-conscious investors who are looking to buy within the inner city suburbs. Despite exponential growth in property prices over the past 12 months, there are still many areas close to the city where you can buy a property for under $300,000.
In the October issue of Your Investment Property magazine, out on 3 September, 133 bargain metropolitan suburbs were found. These include:
- 31 Sydney suburbs from $185k
- 20 Melbourne suburbs from $218k
- 19 Brisbane suburbs from $194k
- 15 Perth suburbs from $244k
- 28 Adelaide suburbs from $230k
- 15 Hobart suburbs from $158k
- 3 Darwin suburbs from $270k
- 2 Canberra suburbs from $280k
Those featured in Sydney includes Ultimo, where a median unit price sits at $288,750. St Peters, Lakemba, Wiley Park, Berala and Belmore also made the list.
In Melbourne, Carlton, Albion, St Albans and Broadmeadows are among those who offer strong growth potential and still cost less than $300,000. In Perth, East Perth, West Perth, Wembley and Glendalough were among the affordable suburbs recording solid average annual growth and healthy yield in addition to costing under $300,000 median price.
Adelaide and Hobart boast some of the cheapest houses and units near the CBD from around $285,000.
All of these suburbs are located near public transport such as trains and buses, have easy access to amenities and have good road connections.
Watch the comprehensive interview about these exciting areas on Channel Seven's Today Tonight, Friday 17 September at 6.30PM EST.
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