I have invested in a fair bit of farm land over the years and although it has been a good investment I have done better with other investments .

Values for good dairy farms in my area have dropped a good 30percent since 2008 .

Last month I settled on another farm with a per acre price of 3600 . Three years ago this could have realistically sold at around 5500-6000 per acre ! The strong dollar is hurting agriculture a lot at the moment but of course this will not always be the case….

Well said Hux .

Nigel or whoever you are , you didn't need to write that . When I first joined the forum years ago Weston was very active and helped a lot of people .

Why should anyone do business through you if you are prepared to ………….forget it .

A waste of time .

Sadly , not Weston 

Hello Andy

I've been investing in regional Victoria for quite a few years . I have only invested in the towns within my own region just because I find it convenient since I am tied down so much with my business , family commitments etc .

Towns I have property investments in are Warrnambool , Camperdown and Mortlake as well as farmland in the area . Warrnambool in particular is growing quite steadily and the rental market is fairly tight . Origin energy are planning a gas fired power station near Mortlake which will no doubt help the general area .

Perhaps Wonthaggi might be worth a look over in Gippsland as the Desalination plant will have an effect . I have never been there…..

I like the prospects for  Mortlake within my own area .  Hope that helps

Shawn

Hi Sharif

I don't know much about Tassie but I have seen large areas of Western Vic near where i live go into trees in recent times . A lot of it has gone in is basically macquarie bank owned by subsidiary companies . They sell the units off  to willing investors and make a killing in the process  .

I own two dairy farms and have never invested in anything specifically around forestry . A 60 acre block could be a good investment . I once doubled my capital on a 55 acre block about 20 years ago . It all depends on you really…..

Shawn

The trouble with putting the rent up for older tenants ie pensioners is that they may not be able to pay the increase . I have looked at units in a town nearby where the good steady long term tenant on the pension with no other income just could not afford a rental increase .  I don't see this senario producing a positive cashflow outcome….How old are your tenants ?

Yes I know what you mean . We have a local agent who has had his own home listed and advertised most every week for the last ten years there abouts . He keeps coming up with different blurbs to run with it . It makes me wonder how he keeps coming up with them . How some people can write so much BS for so long astounds me .

Last night i watched 'Some Mothers Do Have Em ' on the comedy classics with Frank Spencer . This agent would fit right in with Frank………..

yeah that's right .  There are different things to be aware of . If you were serious about it then go to a bookshop and buy  'How Investing in Cmmercial Property Really Works" . Read it a couple of times and see if it's for you ….

Hi Jamie

Why are you looking at apartments in Auckland ?

I have an Uncle who owns three realestate agencys there , one in Titirangi and two in nearby suburbs and they are selling apartments from time to time . They invest in plenty of property but not apartments FWIW

With the capital that you have why don't you look at a commercial property ? Should be able to get something with a better yeild than 7.5% I'd reckon ……with less headaches…….

My thoughts