Great thread! Thank you to all for contributing! I'm starting to look into Ballarat to purchase; I will be looking at a number of houses over the...
Correct. I agree with this. There are exceptions to the rule, however I feel as most areas of Werribee are close to reaching this ceiling which...
110 speed limit will cut it down by what, 5 minutes? The art to investing is finding what properties WILL go up in value rather than 'yeah it...
The question here is what areas have factors that will help drive growth in population and house prices? Short answer - Geelong.
Personally it may happen a lot sooner than you think The government is investing some amounts of money in the Geelong region and there are a lot...
Already have a IP in the Geelong region bought in November, however I'm in the position to be purchasing another property. ..Geelong region is...
Depends on the area. One of my IP out in the south west had 19 people inspecting the home. I received 17 applicants that week and I priced the...
That budget is easily achievable with 2 incomes -- not surprising. And no, don't need to come from the bank of mum and dad.
If you can score a good deal very close to the CBD, then go for it. There are bargains still around.
+1 with Altona. Very good and quiet suburb.
Loftus is an exception Dave. I was bidding at that auction against the winners who were buying for their adult children. They kept out bidding me...
And the proposed redevelopment of the land in Point Henry This is one of the many reasons I jumped into the market of East Geelong at a great...
As somebody else mentioned, the first step is to talk to a mortgage broker to assess their borrowing capacity before looking into regions.
Not saying to knock on peoples doors hahaha. You can if you wish. I just find them at the shops and cafes. I find talking to locals who are paid...
its already generating more interest within the area. On the topic of the AEC; they have suggested there will be a vast majority of residential...
the locals are your potential 'customers'. It's one thing asking online what other investors say about the area, and it's another where you...
Great input @kamchatsky ! My thoughts exactly.
Since youre only about an hour drive from the above suburbs, I find it's best to do some on the ground research and talk to locals within these...
Of course. Selection bias does need to be considered. To answer your question, I personally would say yes. But yes, everybody is different hence...
On the ground research is the best way to gauge your potential target audience! Only time will tell!
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