Buying investment property in Ararat Victoria

Hello fellow investors,

I would appreciate any help in regards to buying investment property in Ararat Victoria.

Need general help in relation to vacancy rates, CG and future potential growth.

If anyone currently own properties in Ararat or surrounding areas, your opinion will be appreciated.

Thanks heaps!

David
 
Hi

Hello,

I would not be touching any areas with a population under 10,000.

Have a look on real estate.com there are plenty of homes for sale and you have to ask your self why are you looking at investing in this area?

There has also been a raise in unemployment!!
 
My SIL used to work there for an MB...

We go through it on the way up to visit her and my brother in a near-by town...

The two of them canned the town big time and still do - huuge representation of welfare champions, skank demographic and - as we all know - featured on Biggest Loser; fattest town in Australia/Victoria?

Overall town of under-performance and decline.
 
Shame as it's a lovely area. If you're hoping to live/retire there in the future then invest elsewhere and just rent or go for your dream retirement pad there just when you're ready to move into it.
 
It has metro population of 10000 plus. ok rental return
study the area
it suits my criteria to buy cheap andManufacture equity
 
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