All Topics / The Treasure Chest / South Australian rural property Vs Metro property
I have recently been studing the rising prices of rural property, i question if rural property is a wiser investment rather then metro (Adelaide) property. What is it like in other states ??. Has anyone out there invested in rural property and succeeded in making a passive income…??[^]
Learn from one others mistakes let alone your own.
Hi polski
re rural properties do you mean town and cities in counrty areas or rural properties ie farms.
i haven’t bought farms but do buy in regional cities and towns.
if farm then most of us on the forum buy for the income the property would produce, so it would depend on that. There could be some added difficulties in securing finance for farms (ie higher interest rates). in Victoria small farms within driving distance of Melbourne are worth a small fortune, and popular as a lifestyle thing, as are beach properties.
regards westan
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