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(keeping the thread alive) - anyone own an IP in Traralgon? Any opinions? Any Traralgon locals?

So.... the question remains, what do people think of Traralgon? Worth investing in now, or has the boat left? My budget is under $200k, and to be honest, its hard finding a decent IP with good yield and potential CG these days. With that in mind, Traralgon does seem to stack up..

I'm looking at Traralgon. Was mentioned in Terry Ryder's "cheapies with prospects" and does seem to have a lot happening - new coal power stations, train station, etc. Seems to be more of a "stayer" than anything exciting, but some good rental yields, around the 5-6% to be add. Affordable...