Recent content by itsjustme

Indeed. In my experience, the inverse holds true.

I would not be too pessimistic about Casterton. Whether you buy or rent you are living in one of the most beautiful places in the state. This is just speculation, but Casterton has good hospital facilities, and I wonder if this will be attractive to those baby-boomer aged farmers who are...

Georges, I'm unable to tell you whether to invest in these places, but as a Melburnian I can tell you that Castlemaine is very popular with thirty-something inner city people wanting a tree change. The town is very attractive, not too far from Melbourne (but not really commuting distance...

Hi Talby, I am also new here and others will have much better advice than me. I just wanted to make a couple of quick points. First, buying in Footscray shouldn't be considered having to settle. I would be ecstatic if I could afford to buy there. And with your $15,000 deposit, are you sure...

Thanks everyone, for your support and encouragement. Lily, I will add Mildura to my list of possibilities. I know that I could spend more and get a better return in the end, but I haven't been able to find anyone to go halves with me on a property - most people think I'm a bit odd for...

Hi Bill, These are all good questions. The reason for investing is tricky. I am good with saving money, but am hopeful that mortgage repayments on a property will help with providing enough equity for me to be able to buy a house of my own one day. I'm willing to hold the property for...

Hi everyone, It's my first post. I know these kinds of questions get asked all the time, but the parameters and statistics seem to change so rapidly in the property market! I'd like to buy an IP, with roughly neutral cashflow. Rather than get all excited, rush out and buy someting...