Does anyone have an investment property in Taree, NSW? Is it worth buying an investment property there – looking at both rental return and capital growth. Would value opinions on this question. Also, has anyone had dealings with Members Alliance?
Hi Cathy,
If the two questions are combined (i.e. was Taree mentioned by MA?) then tread carefully.I don’t know Taree, but a country town (or a smaller city) can often be WAY cheaper than any of the Capital cities prices, thus they SOUND like a great deal.
To find out (especially if a marketing company is promoting property in the country town) simply check out the local prices via the web, or call a local RE agent. Compare property prices with a similar style to the one quoted by the marketer (e.g. 4bd2ba house, 2br unit, etc.) – there can often be a large discrepancy in pricing (their profit!!).
Do a Search on here for MA in the “Help Needed” forum and I’m sure you will quickly find many posts by others,
Regards,
Benny
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