All Topics / Help Needed! / Ex housing commission houses

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  • Profile photo of sasharifsasharif
    Participant
    @sasharif
    Join Date: 2005
    Post Count: 48
    August 24, 2007 - 1:37 pm

    Hi Guys:

    I am planning to by an investment property in Burnie, Tas. The price seems reasonable. The catch is, these are ex housing commission house. What do you think about future prospect? Any feed back is appreciated.

    Regards
    Sharif

    Profile photo of 1974Angela1974Angela
    Participant
    @1974angela
    Join Date: 2006
    Post Count: 6
    August 25, 2007 - 10:26 am

    Quite a lot of redevelopment on the Burnie seafront at the moment – if you go to the Councils website they should have further info. I dont think you can go far wrong if you have a cashflow focus for the future, irrelevant of CG. Although my opinion is Tassie will definately see further growth. Love Tassie!

    Profile photo of sasharifsasharif
    Participant
    @sasharif
    Join Date: 2005
    Post Count: 48
    August 25, 2007 - 1:03 pm

    Thanks Angela. Homeprice.com is showing a 10 years prediction of 20% yearly growth in Burnie. Seems a bit over optimistic. What do you think? Can the same thing be said about the ex-housing commission homes?

    Regards
    Sharif

Viewing 3 posts - 1 through 3 (of 3 total)

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