uni student wanting to buy an investment unit, page-4

  1. 17,117 Posts.
    just for starters...start looking into a new one bdr unit,
    close to public transport, as you suggested
    ....then get the fhb grant to boost your deposit...
    wait and see what comes out in the may budget
    I am guessing they may make a fhb grant for new homes $30,000 and none for the older homes

    work full time if possible, you need 3 months on FT salary to talk to the banks
    study after hours

    I dont know much about Sydney, I have heard Liverpool is very cheap, but they are gaining some million dollars houses there....original ethnic groups take pride in that suburb...or so I have read...
    those former unloved suburbs can become popular, with the travel time factor...so dont write it off
    start small, grow later as your pay check rises
    and most importantly, what do your parents think about you buying, are they with you on this subject ?
 
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