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| *Travel Tips>>>Melbourne Travel Tips |
Is it possible to buy a property in Melbourne, Australia with 100K? |
Travel Info With AUS$100k budget, do you think I can get a property in the Melbourne area, or within 30 mins (public transport) into CDB? Any property with at least 1 bedroom, in a decent area ( not too much violence), and transport link. Travel Tips G'day, It depends on your luck. My suggestion is to check the online websites such as: www.realestate.com.au www.domain.com.au Hope this helps. However be prepared that the condition of the property will be quite bad so at the end of the day, you will still have to spend some more money for repairs and renovations. Good luck :) Others No. Not even 1 hour out of the city at that price. I dont think you would get anything within 4 hours out of the city for that Not a chance That would make a good deposit, you would have to borrow the rest. I believe that property under $100K can be found in Melbourne. I have checked the auction sales over the weekend there were 3 that were sold about $100,000 - a 1 bedroom unit in Carlton (CBD) for $107,000 another 1 bedroom unit in Carlton (CBD) for $113,500 and a 1 bedroom unit in Albion (western suburbs near Sunshine) for $103,000 Carlton is a trendy university suburb adjoining the CBD - I believe there is not much violence in this area, but I'm not positive. Unfortunately I don't know Albion at all, so I can't comment on its safety Generally, though the prices are MUCH higher. Without a doubt ....NO! sorry |
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