Hello Everyone,
I am brand new to this site..coming here at a very important time of my life..My wife and I have decided to take the plunge and do the whole seachange/tree change thing. We are leaving our lives and jobs in Melbourne and moving to Bairnsdale to start a new one. We have a couple of properties here in melbourne and have a bit of experence with property renovating but then I am curious to know if it is a viable strategy to invest around Bairnsdale – Like in residential houses, holiday rental houses, agricultural land or buying a piece of land and building a house or even commercial properties? I do know that area is a big holiday destination in summer. How is the capital growth there? Would it be worth investing there for long term growth or would I be wasting my time? I am more interested in holiday rental houses and acerage land which I hope would increase in value so I can think of subdividing in probably 10yrs.
I would really appreciate any advice on strategies and which area around Bairnsdale would be worth investing for maximum growth and good rental income. Thankyou for all your time. Vin
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