Browse Forums General Discussion 1 Jan 07, 2016 5:04 pm Hey guys, Just bit of a quick background to start with, I've been in the market for past year or so looking to buy my first home however struggling to find anything suitable. Given the recent boom, I was kinda disheartened however prices seem to stabilize a bit. Long story short, the more people I talk to, the more confused I get in terms of decent suburbs around Sydney north west or Southwest. My budget is around 600k and prefer a house with decent sized land ie above 500sqm.Plus as I work in inner city, I would to like buy a place which is around 50-60 km travel distance. A mate suggested to look into land and house packages around minto, Schofields, riverstone etc but they seemed to be out my range. Some of the suburbs I'm interested is minto, leumeah and surrounds, Schofields, riverstone and surrounds. As I said, I'm open to suggestions and love to hear other people's opinion. Plus what's people opinion on future house prices? I've waited this long and seems like the prices are slowing down in western region. Thanks in advance. Re: Where to buy to Sydney? 3Jan 07, 2016 7:19 pm Would the blocks at Newbrook be bigger than 500 though? Where to buy to Sydney? 5Jan 07, 2016 9:29 pm You could buy a 5 bedroom house on close to 1000m2 in the suburb next door to Newbrook for <$600k. Wouldn't be new though. Re: Where to buy to Sydney? 6Jan 07, 2016 10:17 pm Quote: Plus what's people opinion on future house prices? I've waited this long and seems like the prices are slowing down in western region. The rate at which house prices are increasing may have slowed down but they are still increasing. Sydney is one city where supply can't keep up with demand and I've read that to keep up with it there needs to be another 50,000 homes built right now let alone when the population increases over the next year. Coupled with that China has just relaxed its limit on what its citizens can invest overseas each year. Sydney is seen as a top place to invest by Chinese investors which will add to the upward thrust of the market. I personally wouldn't wait too long to buy a place. Stewie Re: Where to buy to Sydney? 7Jan 08, 2016 6:58 am Thanks guys for the helpful replies, keep them coming. I had a quick look at Newbrook and wasnt really impressed by it that much tbh. Plus, end of a day it still Airds! @Matt1 suggested I'm better off buying an existed property prefarbly a brick house and renovate accordingly. I should also add that I'm single so my circumstances are going to change in future. Furthermore, As I work close to inner City and chances are my work is going to move to North shore sooner or later, I would definetely like to buy near north west? Any suggestions in terms of decent suburbs around North west which are still somewhat affordable. As I said, I would like to buy an existing property and renovate which I love doing it. Thanks again. Re: Where to buy to Sydney? 8Jan 08, 2016 9:09 am I think North Shore are quite pricing. I work at Mascot, and used to live out West (Penrith area) and we have bought up Central Coast area early last year. if you are prepared to travel from Riverstone to Central, Central Coast might not be too bad, especially if your work is moving north of Central. We considered Riverstone, even looked at buying land at Vineyard, but ended up landing up Central Coast. Did not want to move to Riverstone/Vineyard due to some new estate/community that was planned in the area. Re: Where to buy to Sydney? 9Jan 08, 2016 9:31 am I'd look at the area west of Parramatta and north of the M4 then. Re: Where to buy to Sydney? 10Jan 08, 2016 5:52 pm Look at St andrews, Raby or Bow Bowing. Most blocks 500+sqm. I've lived here in St andrews since 1981. 50km to city. Train to Musuem approx 50min. There is a newish on ramp onto M5 city bound at St andrews/Raby Re: Where to buy to Sydney? 11Jan 11, 2016 5:12 pm sabrelli Look at St andrews, Raby or Bow Bowing. Most blocks 500+sqm. I've lived here in St andrews since 1981. 50km to city. Train to Musuem approx 50min. There is a newish on ramp onto M5 city bound at St andrews/Raby Thanks sabrelli, had a quick look at real estate and prices seem to be around 600-650 which around my budget. Defo will go around next week and check out the location and surrounds Matt1 I'd look at the area west of Parramatta and north of the M4 then. Thank you matt1, that's blacktown/ quakers hill area. Prices seem to be high 600s though. Just a small update, I end up going for a drive on the weekend around campbelltown/minto/leumeah area and was really impressed by the development taking place. Having said that, minto still have some housos hanging around the station. Campbelltown and MacArthur area looked pretty good especially engloria park and glen Alpine surrounds. Re: Where to buy to Sydney? 12Jan 11, 2016 5:14 pm braddy_ I think North Shore are quite pricing. I work at Mascot, and used to live out West (Penrith area) and we have bought up Central Coast area early last year. if you are prepared to travel from Riverstone to Central, Central Coast might not be too bad, especially if your work is moving north of Central. We considered Riverstone, even looked at buying land at Vineyard, but ended up landing up Central Coast. Did not want to move to Riverstone/Vineyard due to some new estate/community that was planned in the area. Hmm, not bad idea at all. How's the infrastructure like? Nbn, supermarkets etc? Thanks for the suggestion, I'll definitely look that way aswell Re: Where to buy to Sydney? 13Jan 11, 2016 5:34 pm Lol yeh there's still dero's around station but not too many around during peak hours. Things have changed for the better since they demolished the housing commission homes and reopened Minto Mall. Re: Where to buy to Sydney? 14Jan 11, 2016 8:41 pm Stewie D The rate at which house prices are increasing may have slowed down but they are still increasing. Sydney is one city where supply can't keep up with demand and I've read that to keep up with it there needs to be another 50,000 homes built right now let alone when the population increases over the next year. Coupled with that China has just relaxed its limit on what its citizens can invest overseas each year. Sydney is seen as a top place to invest by Chinese investors which will add to the upward thrust of the market. I personally wouldn't wait too long to buy a place. Stewie And yet..... http://www.dailytelegraph.com.au/reales ... 7704325032 Ive noticed in the past, in the outer areas of Sydney, prices can increase, and also decrease substantially according to the current market perception , ( bull or bear) as it did post GFC. I doubt Melbourne would be too much different. In 2015 mainstream media actually turned and proposed the boom was over. I am sure we will see a massive correction in the coming few years, due to a number of economic chickens coming home to roost. Holden is shutting down this year for one, Coles/Woolies/many other big companies dropping off staff, D1ck Smith/Laura Ashely down the tubes, etc,etc and unemployment just under 10% , unless you want to believe the govt and their bogus 6%. I wouldnt like to be buying right now... Looking at some of the designs on websites, they are all selling very similar products. I get that you want something stylish. 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