How far out of the city is a bargain

To some extent this will depend on the size of your "purse". 

I was privy to hear details of a good buy at Mt Warren Park which is 37klms from the CBD via the motorway and freeway.  It is a huge double block, with a good aspect, and the home is solid though does need some tlc.  This buy does give the new owner a lot of options, eg live with parents, rent it out, future subdivision, add another dwelling onto the land; this also will give some further options.  I like options.

If a young person is looking for a block and finds something like this it would be hard to go past this opportunity.  As the years roll on this block, which is in a tidy street, with a good aspect, can only get more valuable in the long run.

Happy New Year folks.