I have ended up buying a property in Moe.950sqmt block3 bedrooms – weatherboardpurchase $118,000rent $170pw and proberbly could have got more.I'm over the moon and will defernately pick up another.
JLtarra wrote:
Hi,I do some investing in near by Wonthaggi. Some say it's Moe by the water. Those areas certainly have the infrastructure and the employment with the power stations etc.Things to be wary of are the crime rate that comes with an are that has this kind of socio demographics.What sort of investing are looking at?John
I have been going through realestate.com.au looking for properties to purchase and have come across some great priced properties in the Gippsland region especially Moe and Morwell.
I have done my research and it has large populations, all facilities and a high demand in rent and great retal returns.