Anyone have idea about Northam WA
- Thread starter jbeena81
- Start date
Why do you want to invest in Northam over any other place in WA?
I am planning to invest in Northam for longer term ..
I need some share information about Northam before invest..
Thanks in Advance..
What are you looking for it do for you and by what date?
I think you will find its not becoming a city, rather a regional centre. Big Difference. If you're looking for low risk CG then I'd suggest you stick within the Perth Metro area if its for investment.
Investigate the Super Towns program a bit more
Bear in mind Super Towns is a government program at the mercy of politicians. Unless backed by long term private investment and growth it's not really sustainable. Bureaucrats (especially in 'development authorities') are good at writing reports that justify their continued funding but it may be better to discount some of the grander claims.
It has had recent population growth http://blog.id.com.au/2014/population/australian-population/strong-population-growth-in-nsw-and-wa/ but it's wise to check whether that's people in the town or outside. Northam may benefit as the main service centre for retiring baby boomers buying up small holdings or cute cottages around York or Toodyay.
Northam can be stinking hot in summer and freezing in winter. Not a bad place for an immigration detention centre, and in fact there is one. And it's got great motorsports https://www.facebook.com/NorthamMotorsports
It's on rail and road links between Perth and the east. Still that hasn't stopped wheatbelt towns along there from declining in population. Northam is the main regional centre for pretty much everywhere east from there to beyond Merredin.
