horsham and ararat

Hi Gianni

i live Between them at Stawell and own properties in all 3 cities.
Ararat cheapest price is about 65k at the moment rent aroun 110 for this property. ( actually i have a property to sell in Ararat for 60k)
Stawell
cheapest properties about 60k rent for 115pw. (i actually want to sell one here also and another in Oct (after i’ve owned it for a year)
Horsham
Cheapest about 89K rent around 155pw (don’t want to sell the 2 in Horsham but just sold a flat there.[]
Sorry sounds like i’m just trying to sell to you/ certainly not the case. I feel you have hit perhaps the only region in Vic worth investing in for cash positive properties, but they are dissappearing real fast. and they have moved up even in the last few months.
anymore questions about the areas let me know
regards westan

stocki

i’m selling because i am moving to NZ and want to be cashed up. I’m selling in Stawell because i own 5 properties here. I want to reduce my Australian holding down to about 10 houses. It’s not because i have lost confidence in these areas in fact i have bought 2 houses in Horsham in April and 3 properties in Stawell since last October. whereas im selling all my SA properties and Morwell ones, and 2 in Hamilton because they have risen so much and i want cash right now.

Ararat has picked up as a town, 5 years ago it had over 50 vacant properties. but people have moved back to the area and the town is buzzing. The railways will be returning to ararat soon.
Stawell is plodding along growing slowly. we have 2 potential events that may kick the town along. Aundi our knitting mill wonthe contract to make car seat covers for onne of the majors (GMH?) and can’t get the workers to meet there contracts, the gov’t has stepped in and iss trying to sorce workers from out of the region if this happens renatl demand will increase in an already tight market. Stawell also has Vic biggest Goild mine employs 200+ workers, if gold goes up in price it will help the mine even more. Stawell is the closest city to The grampians National park and benifit from the 1 million tourists who visit every year. A negative is the Abetoir (place that kills sheep it to late to spell) the numbers are well down because of the drought, used to be 2 shifts now only one.
Horsham the rents are really high and demand is strong as it is in Ararat and Stawell. Horsham is the bigger of the two cities 12000 population and growing. It is interesting how stropng these towns are considering we have just goner trhrough a bad drought.
regards westan