Search results

Hi Bernie, Thanks for your response! The place I was considering in Mornington is about 20-25% below market value hence why I thought it could be a viable option. I think I can get a minimum $350 a week for it which will see me yielding somewhere around 4.7%. Bendigo is a nice town, I travel...

Hey Hugh, It appears growth has slowed over the last 3 years in particular. The 5 year growth is at 26% but the 3 and 1 year growth only shows a measly 3% for each period. So yes technically it has seen an average annual growth of 5% over the past 5 years which is passable but that trend has...

That's great feedback guys, really appreciate your insight. Good points raised around the local jobs issue, I definitely agree there isn't enough on offer nor will there be in the near future to attract a higher influx of people to the area. It really is a beautiful place to live but probably...

Hey Jackbak, Fair call. The demand in neighbouring areas is definately not high enough to see any overflow, not yet anyway. I don't believe historical data is an accurate indicator of future trends to come but regardless they sure do make you think twice hence this post to get more thoughts...

Hey all! I'm interested to get people's thoughts on Mornington (VIC) as a potential area to invest in. The place I'm considering will yield 5% which isn't too bad and partially one of the reasons I'm considering the location. Statistically, it has performed quite poorly over the past 5...