No problem mate.

PM by the way means private message but i dont think that they have that feature on this although i could be wrong.

I would suggest you ring up the local real estates in geelong to find out more. although i have lived in geelong my whole life Geelong is still a big area. The real estate people (hopefully) will be able to give you more detailed advice. All i can say is avoid solar drive in whittington that street is on the commission side of the area and runs in a big loop people drag on it and there are dodgy type everywhere.

so bottom line i guess is yeah to ring/meet local real estate agents or even perhaps just come in to geelong on a week end and ask some well thought out questions to the locals and buy them a beer or coffee in return.

Cheers

Scotty

Hi Just begging

I have not started in invest yet myself so please only take my advice lightly and just has a rough guide but I have lived in Geelong my whole life, so i will suggest the areas that are considered "lower end" and some areas that seem to have high demand and are commonly have middle – upper class family's living in these areas.

Corio: By far is lowest social economic area in geelong and just about every house here is a government commission home and are about 40 to 50 years old. It is not unusual to see houses that have been burnt down by people deliberately and the area is clearly has some very shady people living there. Saying that there are many people living in corio who i personally know who are good people and pay there rent on time and keep the property well looked after and respect it. The area is close to shops/plaza  and is about a 10 minute drive into the CBD.

Whittington:  Whittington is like corio but not as bad. I grew up in whittington but on the better side. There are 2 sides in this area the commisson home side and the other side that has normal houses and this area seems to be growing because of the high demand for infrastructure (this area has everything – schools, shops, buses, library, medical etc) My mum brought our house 7 years ago for 230,000 and has recently been revalued at 287,000. This area like already stated is a mix or lower and middle class families.

Leopold, Newtown, waurn ponds, east geelong: Are great areas with high demand for rental from my research especialy for new families and professional couples. Newtown is quite trendy and most likely out of your budget. I am personally planning on investing in east geelong as it falls into my mum and myself budget (joint venture). Waurn ponds and leopold are very popular suburbs in the geelong area.

highton: is expensive and has manly established families and older people living in these areas. Therefore not a lot of demand for  tenants. Still worth a look at though.

Bell post hill, Hamlyn heights: Are areas with a diverse range of people from different cultures. This area only has the basics such as a small supermakret, primary school and few little shops as well.

Hope this gives you a rough idea about the area. Feel free to PM me if need be.

Cheers

Scotty

Hi Guys

I am new on here reading steves book at the moment and enjoying it. I have read RK books and find them more inspirational and of a general nature than a detailed guide. Robert in my mind is a great writer and makes investing concepts rather easy to understand. The best thing I got out of his books are that they made me want to take action for my financial independence and become "wealthy" and not just "rich".

Cheers

Scotty