Quote Originally Posted by suka02 View Post
I believe I got a bargain. As i observed comparing to last year, i believe the property house market price jumped between 50-100k. nowadays there is nowhere near under 500k mark house price even though they are old or new. Although its an old house and its been bought with the rental approval from the agent. average price people pay for renting in a house is about $500 range or over. Doesn't really matter where it is located as its still in sydney metropolitan area.

Most o/s student targets where the shopping areas is or closeby to their Uni. It's understandable, city area, burwood etc.. because they don't want to know about other areas and what could have been better for them.
Not bad is this your first property ?? so you can claim beniefit like first grant under 500K ?? free stam duty ??? the only down side I can see is it is a small land