I say this 'take a hit' simply because this purchase is a once only offer as the developer is a friend of mine, who can get me finance and a reduced cost price. Otherwise, if i refused, it would be another 3-4 years before I could even afford to look at another property and though I might be able to save enough for a deposit, doesn't guarantee the…[Read more]

Hahaha so it sounds like you are all saying no, even with the 30k incentive.

I have looked at SQM Research and noted the increase in vacancy rates and listings over the last years.
Horribly increasing.
As for Bacchus Marsh, besides the increase in population and a claim of a 'cafe' culture,
I can't see much for infrastructure or employment…[Read more]

What I am trying to say is, what research do I have to do to justify purchasing it, when I get a free 30k upon purchase, holding it for a period of time then selling, with the possible income from tenants? Ignore how I ge the 30k, its a sticky family situation that I get from buying in Bacchus. Hence my dilemma. Do you have any recommendations on…[Read more]