Investing in Melbourne's North! Is It the Right Time? - With Arjun Paliwal

[@tldrinfographics5769]

Just try driving up from CBD to north and realise how bad the roads are. It’s mix of tram track and local roads. 10km feels like 30km

[@SkyNet1506]

Can you do a podcast about Victoria’s land tax issues and its implications for investors.

[@pizzaandproperty1246]

100% mate we’ve got some content around that coming 😊

[@m2comp369]

Let me answer that for you. 22,000 less bonds lodged in the last 12 months or so. That should tell you enough about what investors are doing. In addition, recent announcements from the govt that there are even more tenant friendly rules coming that continue to demonise and punish the investor and question who owns the property. Pesutto stating that they would do nothing to LT if elected. Why would you want to be a Landlord in Vic?

[@justinbaxter9909]

I’ve binged a bunch of Sam Gordon podcasts lately which have been great. Would you please do an episode on why do a deal where you buy and build a granny flat, vs buy and do the paperwork to subdivide and build a separate house? It seems to be that the cost would be not that much more but the equity uplift of creating two separate properties vs 1 with a $250k granny flat would be worth the extra hassle and cost? Cheers

[@JET13B]

Granny flats are dogshit. You can buy a property outright for $250k that rents for $450pw. If you ever wanted to sell a house + granny, you’ll be very limited to investors only. Sam Gordon has done well, but he’s not your average investor. He has dumbshits paying him $25k to find them something 10% below market value. You can get 5% below market with zero negotiating skills.

[@maxtanaka623]

Thoughts on Cranbourne/Clyde/Pakenham?

[@singhsaab20237]

What about sandhurst or lyndhurst south east suburbs????? I really like sandhurst nice community will this be good investment? Rent is so higher then other suburb surrounded.

[@sumersingh-hr5tp]

hii Arjun, how about Reservoir in Darebin LGA. Can you share your valuable insights. Thanks

[@jakelyu1600]

I am living in Melbourne for decades as an investor. Never thought about putting my money on North area.. Seriously guys need to get advice from “professionals(experienced)”.. omg… North and West in Melbourne 😊😊😊😊😊😊😊 just give me a smile😊

[@aliyehya5521]

So what’s your advice for someone who wants to invest in Melbourne?

[@Ryoka1]

Great insights, Arj!

[@pizzaandproperty1246]

Glad you enjoyed the episode mate 🙌🏼

[@CuriousDiaries]

Like any Novice Investor I made the huge mistake of investing in Western Melbourne ( Manor Lakes) my house construction completes in 30 days. My question to Arjun is should I sell this now? The needle for capital growth hasn’t moved and I’ve wasted time by not investing money in QLD or WA during these years. Any help is much appreciated!

[@pizzaandproperty1246]

Great question mate! Sounds like one that might need a bigger chat outside the comments section to answer properly for you

[@CuriousDiaries]

@@pizzaandproperty1246 Thanks for the quick response! May be I should make it more clearer. In the last month or so I woke up from slumber and invested in WA and QLD using a data driven approach. However looking to offload the Melbourne one. So, I’m seeking some advice if I should sell or wait for interest rate cuts? If the needle hasn’t moved after the rate cuts then sell? Any pointers are much appreciated!

[@loveanimals2675]

Just hold it mate and you can take out the equity at some point. Might need to be a bit more patient as there is a lot of supply in Melbourne but it will grow

[@cn89949]

Another great podcast. What data sources was Arjun using when he was talking about stock on market etc? Cheers guys

[@stevennguyen4787]

Question time then: Canterbury Bankstown benefits from western expansion and infrastructure (metro, hospital etc). Price has risen fair bit. But in the surrounding surburb of Revesby, better socio, house+gf can fetch 4.2% yield (1400pw/1.7m value. Can you assess this product in current market? Will it continue to do well

[@gautamm5881]

Does big build projects like Northeast link, suburban rail loop have positive impact on property prices in the north east Melbourne like Heidelberg, Watsonia, etc after they are built?

[@CuriousDiaries]

@@gautamm5881 I don’t know Melbourne well enough. But, on a lighter note, all of this will have an impact and make sense if Victorians vote labour out for a better future! If not they will be stuck in an endless loop of negativity! 😄

[@georgethomas7547]

Isn't Heidelberg doing good already.

[@randomvideos23]

What do you think about Wodonga region in Vic. Is it good to buy there. Can you share your thoughts. Many thanks

[@MatthewBayard]

Dam, calling Craigieburn a suburb of Melbourne is a stretch. Its right on the urban - rural fringe.

[@jasonleung7515]

Thoughts on country vic

[@justinbaxter9909]

8 years of minimal growth whilst the rest of the country has boomed…maybe that means it’s overdue and the contrarian play. Best of luck with it

[@topshot2680]

Strongly disagree, no offence to anyone. I bought an IP in craigieburn eight years ago. Sure I’ve seen some decent growth but I should bought elsewhere. Take your 600k and move inner suburbs or go country cbd

[@mochalabi8758]

What inner suburb has $600k property though 😢

[@topshot2680]

Half cut block, unit type 2 or 3 bedroom, or even townhouse in a nice area

[@rebmockram]

The market is crap beacuse of the land tax , no one likes to point out the elephant in the living room.

[@emp731]

How many jabs did Aussies take to keep their jobs so they could keep their assets? We are not in Kansas anymore and nobody can find Todo.

[@jjj14]

Do not invest anywhere in Victoria.