@Knightm, well the reason is because NSW is already expensive mate. Hence I’m looking for another state for cheaper option but with more population growth potential.

Hey @sitemanager – in short I was about to send off same reply as Adnie Frangers gets way more publicity but I just did a quick review and house median is significantly lower in Werribee, 325k vs 399k gross yield higher also(4.64% vs 4.29%). Both have general potential long term I am a big believer in satellite towns off capital cities. Possibly…[Read more]

Hi @sitemanager to just answer your question for decent yields in VIC without too much risk I would consider Ballart, Bendigo, and Wodonga as viable options. Mildura possibly at least the vacancy rate is tight but I haven’t checked the economy there recently to know what the current vibe is.

@deancollins Nice, spot on Dean.
So I guess it is for sure that RBA going to cut the interest rate again next year or even next week :-)

interesting day ahead for us investor here where the banks just increased the IR last week due to APRA ruling.

@Sitemanager, but the Australian government want the $A to go down…..there are a number of countries all trying to actively drive down their currency in a silent…not really silent currency war at the moment.

That’s why they keep dropping interest rates….to stimulate borrowings….but also to make Aust goods more competitive overseas.

You…[Read more]

@Sitemanager, but the Australian government want the $A to go down…..there are a number of countries all trying to actively drive down their currency in a silent…not really silent currency war at the moment.

That’s why they keep dropping interest rates….to stimulate borrowings….but also to make Aust goods more competitive overseas.