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Hello all,
I am also currently looking at Kalgoorlie and surrounds for an I.P. and, as this would be my first venture out of Vic, I would like to know streets /areas to avoid if possible and if units or houses are more in demand as rentals. ?
There seems to be alot of “for sale” properties available, would like to know if rentals are easy to let, or if long vacancies are common. ?Any info. from other investors or locals would be appreciated.
Looking at low maintence, not a “reno” because of distance.Thanks,
Feet first.[cowboy2]
Hi Seneric,
You didn’t specify size or type of rural property and/or what you intend to do with it- eg. rural residential, possibility of sub-division, hobby farm or working farmland?
There is a big area of difference, and, depending on this you could try approaching “rural banks”- there are several of them (internet) look for those in your area. I have found them competitive and geared to rural lending, but you do need to go prepared.
If this is you first rural investment, may I suggest check out fences + public liability, if you are intending to agist/run livestock.Cheers
“Feet first”[blush2]