I live in a regional city of around 25,000 and a nearby town (if you can call it that) has 23% rentals as opposed to around 19% here. It is centrally located amid other small towns in a vasriety of mills etc and property is at a good price but i’m nervous about the size of the town as in itself it is showing minimal growth. Do I or don’t I?
There are a few more factors you should share with us about this property. How much is it, what would it rent for etc???
“Dont be looking in your back yard for a four leaf clover when the opportunity of a lifetime could be knocking on your front door….” “Even though you may be on the right track, you can still get run over if you sit there long enough”
my belief is that its definetly not too small – looka t surrounding factors as Mysta said – shops, schools, transport – if the numbers add up, then don’t hesitate, go for it.
Kind Regards,
George.“If You never never ask, you’ll never never know”
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