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Yes, I have certainly seen that. There's more empty shops in the CBD of Bendigo. Retail has not been performing well and I really do not see anything that'll improve the situation anytime soon. So beware if you're buying commercial properties here! And though interest rates has dropped, banks...

Regarding Geelong, the feeling I have is prices of houses there has gone by a fair bit a few years ago. Houses in or near the CBD areas are already pretty high. Is there room for further growth there?

Yes. I think Ballarat is big enough to provide opportunities for one to invest. There's no need to look at other towns. Care to share the good areas in Ballarat to invest and which areas to avoid? Generally areas near the CBD are good but this might not always be true. E.g. Strathdale or...

So if it is generally agreed that Bendigo is suffering from high vacancy rate, higher property prices and excessive supply of new houses, which other regional towns in Victoria fare better in terms of property investment, other than possibly Ballarat? How about Wodonga or Shepparton? Or even...

But Bendigo has a new hospital coming up, to be completed end 2016. This is one of the biggest single building project undertaken in a regional town in Australia. Its coming should have a positive impact on the economy and housing market of Bendigo. On the other hand, Ballarat don't seems to...

Is Bendigo still a good place to buy properties for investment purpose? Prices of houses there seems to have stagnated for some time. Supply of houses plentiful and vacancy rate seems high. It is hard to rent out houses there now. Bendigo seems on the whole, to have lost its shine..