All Topics / Help Needed! / Investing in Lismore

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  • Profile photo of samceesamcee
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    @samcee
    Join Date: 2004
    Post Count: 2
    September 19, 2004 - 1:45 pm

    Hi All,

    I’m working on buying my first PI. After considering the options, I’ve decided to take the positive CF approach. Given this, I’m considering Lismore as an attractive option. Would anyone have any advice or experience that may help me? I am a bit worried that I have missed the boat in Lismore and that there will be less capital growth in the future to complement the rental yield.

    Your comments would be appreciated.
    Thanks,

    Sam

    Profile photo of YorkerYorker
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    @yorker
    Join Date: 2004
    Post Count: 306
    September 19, 2004 - 9:27 pm

    Read the September API magazine pg 93

    Profile photo of samceesamcee
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    @samcee
    Join Date: 2004
    Post Count: 2
    September 20, 2004 - 2:02 am

    Thanks Yorker. I read the article and it helped.
    Does anyone have any personal experience with Lismore? Thanks.

    Profile photo of MonopolyMonopoly
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    @monopoly
    Join Date: 2004
    Post Count: 1,612
    September 20, 2004 - 2:12 am

    Yep; I spent a couple of years studying at Southern Cross Uni in Lismore when my first marriage broke up, fantastic place, cute guys!!!!

    Jo [tongue]

    P.S. I know the latter isn’t really grounds for investment Sam, just couldn’t resist throwing that in for anyone who is from there!!! [biggrin]

    Profile photo of YorkerYorker
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    @yorker
    Join Date: 2004
    Post Count: 306
    September 20, 2004 - 2:34 am

    I’m not in that market, however from what I hear its got several key land sub-divisions going on at the moment. Check for any infrastructure thats going through and research your prices.

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