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I suppose you are right but I dont want to do anything bigger cos then I'd need to JV it just to get in. I would pay the half mill in the eastern suburbs and just get a dual occ...trust me, I have run the numbers. My IP in Nunawading is worth around $480 and I will just get a small (112 sqm)...

The land is cheap, less than half a mill for a massive 2 and a half thousand sqm,(It already has a 40 sq house on it too) The building will be done via a friends licence, project-managed by me, all planning and design cost will be low as I am both an architect and planner and can design the...

BTW, Warrnambool is 162 miles (sorry, I dont know the km) from Melbourne...I think Adelaide is a bit further than that. A reasonable 3.5 hours by car.

To answer your questions, it appears to be booming. I have friends there doing fine (own business) I'm looking at Warrnambool because there is a site which will allow about 8 units for a reasonable price and I want to build units and I'm happy to sell to seachangers over the next few years...

Thanks, I'll check but its Victoria's 5th biggest city, population 32,000 and a fair bit of development happening. I thought anything over 10,000 was ok but I am open to be corrected. Thanks again for your input.

"bump" Can it be that no one here has an IP in Warrnambool???

Hi, I've just come back from a wonderful car trip through south west Victoria so I did a search on SS to see if anyone here had enquired about buying an IP or a development site in Warrnambool. Surprisingly There seem to be no posts about it and I have loved Warrnambool ever since I lived...