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Regardless of what happens, I'm enjoying researching for my next ip so far anway :)

At this stage around 5 years before I build, is the very basic idea. At stage I cant really afford too much, so thats is why i'm looking at small blocks of land. I'm going to have a look to see if they are many vacant blocks around.

close to water, shops,electricity and telephone connected. I dont know if its good fishing...I will have to ask locals about that one. Will continuing doing my research on it.

The plan would be to build on in it in the future. I know land doesnt bring an income, would actually cost money with rates etc. However I think appreciation would be great. As with the supposed trend of baby boomers moving to rural and beach towns. My plan at the moment is build for the...

What are people's thoughts in investing in land, I'm looking to purchase a small block in eildon, near the lake.