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Friday, December 29, 2017

Quick visit to first-home buyer belt

Post to SinFongChanRE.wix on 29/12/2017 at 7:09 PM
Commenting on “Quick visit to first-home buyer belt”

My friend requested my company to check up some properties around a few areas. It was nice to be chauffeured in his brand new car!

What a day! The weather was very kind to us; it was warm, then turned mild and finally cool. The sky also opened up with some drops of rain.

We covered many suburbs away from Glen Waverley (GW) - Upper Beaconsfield, Officer, Clyde, Berwick, Cranbourne, Mulgrave then back to GW.

There are so many new developments and some buildings are yet to be completed. This is a first-home buyer mortgage belt and am concerned that the mortgage stress is going to affect quite a number of owners.

No doubt some very early adopters have made good profit, but those followers with over stretched budget will suffer for many years to come.

Why not take a drive and check out Officer, newer part of Berwick, Clyde and the surrounding?

Thank you for reading.