I too have noticed the low cost housing in Donnybrook. Lovely area and only 2 hours from Perth, but with the plunging timber industry I wouldnt expect a flood of tenants.
I lived in Manjimup for 2 years and its more doom ‘n’ gloom than it was when I was there (3 years ago)
Nothing beats the WA South-West but, best part of Australia! []
JoC thanks for the kind words of encouragement. I dont think my contract status will be too much of problem when I apply for a loan, but its still a concern if something bad should happen here… especially with current budget cuts etc
Mortgage Hunter my whole train of thought of getting rid of the car loan was basically to rid myself of dept, so I can solely concentrate on saving for a decent deposit. If I keep going the way I am, it would take a very long time to save for a decent deposit while simultaneously paying off the car loan.
Like Steve says in the book, I need to take that first step out of my comfort zone, ie. sell my nice car