{"id":264,"date":"2015-05-14T14:37:49","date_gmt":"2015-05-14T14:37:49","guid":{"rendered":"http:\/\/www.microburbs.com.au\/blog\/?p=264"},"modified":"2015-05-23T03:56:14","modified_gmt":"2015-05-23T03:56:14","slug":"finding-good-neighbourhoods-in-affordable-suburbs","status":"publish","type":"post","link":"https:\/\/www.microburbs.com.au\/blog\/finding-good-neighbourhoods-in-affordable-suburbs\/","title":{"rendered":"The inconvenient truth about suburbs"},"content":{"rendered":"<p>It&#8217;s easy to be fooled by a suburb name. \u00a0Even very expensive suburbs have bad neighbourhoods. It could be a busy road, a public housing block or a noisy hotel. \u00a0If you bought there before finding out you probably don&#8217;t want to talk about it until you can sell.<\/p>\n<p><span style=\"line-height: 1.5em;\">Buying a cheaper property in a bad location within an upmarket suburb can work out ok for investors but can be an expensive mistake for owner occupiers.<\/span><\/p>\n<p><span style=\"line-height: 1.5em;\">Joy Tan from Hawk Eye Finance, a Sydney mortgage and property advisory firm, says that staying fixed on a particular suburb is dangerous in today&#8217;s rising market.\u00a0<\/span><\/p>\n<div id=\"attachment_333\" style=\"width: 310px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.microburbs.com.au\/blog\/wp-content\/uploads\/2015\/05\/11200837_861723977208710_1348214751797972137_n.jpg\"><img aria-describedby=\"caption-attachment-333\" decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-333\" alt=\"11200837_861723977208710_1348214751797972137_n\" src=\"http:\/\/www.microburbs.com.au\/blog\/wp-content\/uploads\/2015\/05\/11200837_861723977208710_1348214751797972137_n-300x223.jpg\" width=\"300\" height=\"223\" srcset=\"https:\/\/www.microburbs.com.au\/blog\/wp-content\/uploads\/2015\/05\/11200837_861723977208710_1348214751797972137_n-300x223.jpg 300w, https:\/\/www.microburbs.com.au\/blog\/wp-content\/uploads\/2015\/05\/11200837_861723977208710_1348214751797972137_n.jpg 599w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-333\" class=\"wp-caption-text\">Joy Tan, Managing Director of Hawk Eye Finance<\/p><\/div>\n<p>&#8220;People are being pushed into property they normally wouldn&#8217;t consider because they are priced out of the ones they prefer. \u00a0<span style=\"line-height: 1.5em;\">There are some things it&#8217;s not sensible to compromise on. \u00a0Looking a bit further afield can save you financial stress and help you secure a home that will meet your needs for many years.&#8221;\u00a0<\/span><\/p>\n<p><span style=\"line-height: 1.5em;\">She says that everyone has different needs and that most clients tend to look in too few suburbs.\u00a0<\/span><\/p>\n<p><span style=\"line-height: 1.5em;\">\u00a0&#8220;The trick is to narrow your search to the kind of neighbourhood that&#8217;s right for you but be open minded about the suburb. \u00a0If you want peace and quiet you might want to avoid schools and young families. \u00a0If you are at the child raising stage of life, \u00a0good schools and neighbours with kids who you are happy for your kids to play with are going to be a priority. \u00a0I advise people to write down their criteria with regard to commute, services, education, local culture and so on.&#8221;<\/span><\/p>\n<p>She says that research to find suitable neighbourhoods is time well spent. \u00a0&#8220;There&#8217;s the ABS statistics, Naplan for schools and a range of other sources to find the gems. \u00a0The important thing is to be clear on what you need and realistic about what you can afford. \u00a0That will help you to focus the research process.&#8221;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s easy to be fooled by a suburb name. \u00a0Even very expensive suburbs have bad neighbourhoods. It could be a busy road, a public housing block or a noisy hotel. \u00a0If you bought there before finding out you probably don&#8217;t want to talk about it until you can sell. Buying a cheaper property in a [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The inconvenient truth about suburbs - Microburbs Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.microburbs.com.au\/blog\/finding-good-neighbourhoods-in-affordable-suburbs\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The inconvenient truth about suburbs - Microburbs Blog\" \/>\n<meta name=\"twitter:description\" content=\"It&#8217;s easy to be fooled by a suburb name. \u00a0Even very expensive suburbs have bad neighbourhoods. 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