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Capital growth wonder suburbs you can bag for a bargain

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Your Investment Property | 07 May 2012, 12:00 AM Agree 0
It’s a smart strategy – go for areas with big capital growth prospects, but which are heavily discounted at the moment. Think these are hard to find? We’ve done all the hard work for you as we reveal the country’s best high growth bargains. But be warned: they won’t be bargains for long.
  • Kathryn Lambkin | 09 May 2012, 10:51 AM Agree 0
    A good example of why you should always do your own research in addition to what you read. Gateshead looks fantastic on paper, but maybe if you have a drive through, you'll change your mind. Poorer quality housing, poor socioeconomic status, higher volume of housing commission, crime rates, etc. The stigma of the place will never allow it to have the same values of neighbouring Charlestown. Also, Charlestown may be neighbouring, but is on top of a hill, obviously resulting in some properties having better views and breezes.
  • Clayton | 28 Aug 2013, 08:01 PM Agree 0
    Thats funny what you wrote about Gateshead Kathryn because the current median house price is $335k. The suburb is on the up and up because young people are buying and renovating. You won't be able to do that in the near future, it will be to expensive.
  • SavvySeller | 15 Jan 2018, 03:35 PM Agree 0
    It is next door to Windale, Australia's poorest suburb lol
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