Broker here. Great position to be in, and the trades network changes the calculus here.
The long-term renovation play is probably the stronger move given your situation. A plumber with a trades network can add value the market cannot price in yet, which is an edge most first home buyers do not have. A tired house on a decent block will outperform a polished townhouse over a 7 plus year hold.
On location, Campbelltown and Camden have strong infrastructure and population growth behind them. The real trade-off is liquidity versus land. If you are in it long term, buy the worst house on the best street you can find and let the trades do the rest.
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u/EventEastern2208 2d ago
Broker here. Great position to be in, and the trades network changes the calculus here.
The long-term renovation play is probably the stronger move given your situation. A plumber with a trades network can add value the market cannot price in yet, which is an edge most first home buyers do not have. A tired house on a decent block will outperform a polished townhouse over a 7 plus year hold.
On location, Campbelltown and Camden have strong infrastructure and population growth behind them. The real trade-off is liquidity versus land. If you are in it long term, buy the worst house on the best street you can find and let the trades do the rest.