All Topics / Help Needed! / Anyone buying in Maryborough Qld?

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  • Profile photo of glen gglen g
    Member
    @glen-g
    Join Date: 2009
    Post Count: 9

    Hi guys,
    I'm currently looking at buying an IP in Maryborough.  Has anyone bought there recently and if so what factors came into play while making your decision to purchase?  I live on the Goldie and don't really know a whole lot about Maryborough other than it's pretty cheap.  Some research pointers would be greatly appreciated.
    Thanks

    Profile photo of littleguybigworldlittleguybigworld
    Member
    @littleguybigworld
    Join Date: 2009
    Post Count: 6

    Hi Glen,

    I haven't bought there recently, but I have lived there, and so do my family. It's a working class town that's for sure. Prices are reasonable and so is the rental return. Currently housing has grinded to a halt up there, and a lot of tradesmen are looking for work. A large percentage of the townsfolk are tradesmen.  I'm not sure if that's a good or bad thing for IP, but there could be some fire sales available if you hunt around.

    If you have any specific questions I might be able to ask around for you.

    littleguybigworld

    Profile photo of karen.karen.
    Member
    @karen.
    Join Date: 2009
    Post Count: 196

    wow they have some cheapo houses!  One as low as $199k for a 4 bedroom.

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