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  • Profile photo of hayleybhayleyb
    Member
    @hayleyb
    Join Date: 2007
    Post Count: 4

    Wow, thanks for all the replies.

    Misty, thanks, I will certainly keep you updated.

    Raddles, thanks for the links and you have raised  a point I forgot to mention. About three years ago, the plans for the subdivision were submited with the shire. Residents were able to object to them etc. My folks did object, but of course the subdivision stll went through. The plans showed a plan for subdivision of the 4 farms all in a line ie may parents, their neighbours etc.  About a year ago, the dev. company offered my folks X amount of money for their property (I believed they also offered the other neighbours as well who all refused). I wonder if they are trying it on like you said L.A. and scaring them into selling?

    cheers

    Profile photo of hayleybhayleyb
    Member
    @hayleyb
    Join Date: 2007
    Post Count: 4

    thanks simon and Redcorp for your replies. It definitely is a long term investment for me and hopefully the first of many (but that is a long way off). I will definitely get that magazine the next time I head into town.

    Do you guys have any ideas of good investment areas that Under 300k would get me in Melbourne.

    cheers

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