All Topics / General Property / Tasmania investors?

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  • Profile photo of craig_2craig_2
    Participant
    @craig_2
    Join Date: 2004
    Post Count: 1

    Are there any investors out there looking at Tasmania. I have not heard much talk at all through the forum or mainstream press. I have 2 properties there and was wondering what the forum’s thoughts were on Tassie- particularly west coast tassie?

    Profile photo of YorkerYorker
    Member
    @yorker
    Join Date: 2004
    Post Count: 306

    I share the beliefs of many of my colleagues that the west coast of Tasmania is well positioned for future growth. From Steve’s second book, a very good read, the market down there would receive 4/5 ticks. We have a few additional criteria however, and this market stacks up pretty favourably. Do your due diligence and I think you may find some very appealing undervalued property. Make sure you have a proven management strategy in place for this market can hurt the inexperienced investor. Exit strategies are vital.

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