Curious as to what people's thoughts are on corio for investment.. 40 mins from the melbourne CBD, access to transport, govt sees it as an urban growth area and you can still get houses relatively cheap with decent rental yields.
Emma
Hi Emma, if you do a search for Corio you will find a fair few topics dedicated to the area.
thanks for that, there was some great info floating around.
No worries,hopefully enough to give you some food for thought on your next IP.
I've invested there and have a fair bit of knowledge about the suburb. Feel free to drop me a PM with questions.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
JacM
Do you have a house or unit as your investment?
In Corio, house. I have units elsewhere in Geelong. But for Corio the most appropriate thing to go for is a house.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Neither owns half a street.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
I’ve heard she owns so much property in corio that she’s become town mayor!
Interestingly, investors now have such a substantial stake in Geelong that investors that do not even live in Geelong were invited to vote in the recent council elections. You got to submit your vote for mayor, and another vote for the council rep for your local district. People with stakes in more than one district only got to vote in one district. I was allowed to vote for the district of Newcomb, presumably because my stake in Newcomb is higher than my stake in Corio.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
Jacm, have you got any properties in colac? I’m contemplating purchasing something there but the area is not looking to promising for me.
No I don't have anything in Colac, but DWolfe does. Great yields in terms of buy, reno and rent out as I understand it.
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
That’s my plan for colac. Problem is traveling from melb to colac is too far. I’m able to do 95% of the work myself but the traveling would absolutely kill me.
Invest in a sleeping bag and have yourself a combined renovation and camping adventure!
Jacqui Middleton | Middleton Buyers Advocates
http://www.middletonbuyersadvocates.com.au
Email Me | Phone MeVIC Buyers' Agents for investors, home buyers & SMSFs.
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