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City vs Country, Financial growth or lifestyle
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27/11/2012, 09:28 PM
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Posts: 134
Joined: 13-January 11
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Hi everyone,
DH & I have had a desire for a long time to move to the hills. We recently moved back to Melbourne (Inner city) after spending 2 years in a small coastal town for a work contract.
We have been back in Melbourne for 5 months and I must say I find the traffic a nightmare after living in a town without one traffic light! Aside from that, it is nice to have the abundance of city-life options such as cafes, restaurants, shops etc.
I would love to hear the pros & cons of hills/country/coastal living.
My list;
CONS - FIRE SEASON - HARSHER WINTERS - (Dandenong ranges area) - DISTANCE FOR DH WORK - Currently in the city, would take an hr on train. - PROPERTY GROWTH IN EQUITY? PROS - OPTION OF A BETTER HOME FOR LESS MONEY -Currently renting but have funds to purchase - Inner city is very expensive however! We could possibly afford a reno's delight shoebox, or take on a nasty large mortgage. - GREAT LIFESTYLE FOR YOUNG KIDS - NO TRAFFIC - MORE OF A COMMUNITY FEEL
WDYT is the best option? Go for lifestyle or go for future financial growth in property? Thanks for any feedback
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27/11/2012, 10:00 PM
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Posts: 134
Joined: 13-January 11
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Member
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Thanks for the replies everyone. I'll be sharing these with DH tomorrow. We both switch our minds all the time, hence why I'm asking for guidance. So thank you!
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27/11/2012, 10:08 PM
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Posts: 66
Joined: 8-November 09
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New Member
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We're thinking about doing the same thing: Dandenong Ranges (from QLD)
Will be watching this tread with interest!
For us, it's about living amonst all that nature. We are over the burbs.
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