Biscuit_2 replied to the topic Rental risks in small towns in the forum No Subject 19 years, 3 months ago
I guess my comment about population was made knowing that the town is expected to double in size from 4000 to around the 10000 mark and a $500M power station is being constructed by 1000 workers not far out of town. Approval has also been given for a new gas fired power station in the same area. Not bad for an outback rural town with a population…[Read more]
Biscuit_2 replied to the topic Rental risks in small towns in the forum Help Needed! 19 years, 3 months ago
Hi Sam,
As a new investor I can’t offer much from the experince of rental markets in small towns but I thought I would tell you about a recent visit I had to a small town in southern queensland where the rental market and property prices floored me. The population was less than 10000 (much less), property prices were what I would expect to pay…[Read more]