Should I buy a house in Doncaster now?

Hi everybody. I got a couple of questions that want to ask.
I'm an international student Year 12,
I'm wondering should I buy a house in Doncaster (3108) to live in the next 7 years then sell it? Will I make a net loss and how much it would be?
Should I buy now?
Thanks a lots, have a great day everybody.
Question asked via Homely.com.au The opinions expressed here are those of the individual and not those of Ray White.
2 people following
this question
Report

1 Answer

Renée May 03, 2016
Hi NhaPham,
In my opinion I think its highly unlikely that you would be at a loss if you were to purchase a property now. The housing prices in all of Melbourne suburbs have only increased over the last decade. Obviously there a big variations between the areas but as a whole they have all increased in value.
1 vote
Report
The opinions expressed here are those of the individual and not those of Ray White.

Your answer