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Provided it is right people. Grow does not make it good. I grew up in Shepparton and it is a dive now. Very low rent. We had and IP there , inherited and we sold, no CG grow and problem tenants. If high income family are moving there then prices will rise for low income renters etc to...

Spot on. I dont think anything in VIC is great at the moment and personally don't recommend here but many investors like to buy local, for good and bad reasons. I find in doing Deprecation Schedules essentially all over VIC Country this is pretty common. Often do 2 villa in one block to...

Yeah, I do a few schedules in Bendigo. Both are nice places. Ballarat closer to MEL but a lot colder. Bendigo a bit further out. Economy and pricing they seem the same. Bendigo is nicer city heart and very active Art Gallery and champions WNBA Team. Peter

I contract to www.depreciator.com.au who is active here as well, Depreciator and did a depreciation schedule for an investor in Alfredton. Meet the owner on site. Essentially a new suburb to Ballarat. Rents are strong according to the owner. About $ for $ that is $300k gets $300 a week...

FYI http://www.watoday.com.au/victoria/victoria-gets-new-regional-train-carriages-20121126-2a36m.html The regional rail ink will help Bendigo and Ballarat Lines. In the last few years commuter patronage has gone up ++++% due to the tree changers. And the new carriages will have built in WI...

Giday I grew up in regional VIC in Shepparton. We have investments in outer Melbourne and live in Regional VIC so.... I would be doing serious crunching of the Capital Growth potential of anything not commutable to Melbourne. And I would be very cautious on claims for CG in Regionals...