Investing in Stawell

Stawell isnt happening.

The entire rural region consisting of Stawell .. Avoca, Wedderburn and Horsham are all suffering from a severe lack of farmers and farming related enterprises. So to put it mildly .. thanks to those lovely imported items you buy at the supermarket .. these towns are going to the wall.

Stawell's population of 8000 (official figures base it at closer to 6000) is really not enough to keep a town active and vibrant.

To sum it up nicely .. the town is rusty .. the properties are VERY affordable .. the returns are great .. but your risk is that by the time you want to sell .. there may be no-one to sell to. A lot of elderly .. not much strong business in the town and not much industry.

There was a time a couple of years ago where even the prized Stawell Gift was going to be taken away from the town. As you might rightly guess .. people of the town took to arms and protested heavily.

The correct thing to do with this town is watch for any major positive changes promoting growth and bringing people to the town. When that happens your property purchases will be goldmines. Rental demand IS still very solid .. but .. there isnt that direction you need for both growth and value to be achieved in a purchase.

Either a long hold and wait .. or to keep an eye on and watch for the trigger for activity.

Look at Warrnambool