Inverloch in south gippsland victoria has CF+ properties as the new Desalination plant workers are offering $500+/wk rent.
It is also coastal which has a very safe surf beach with a new $1.5 million SLSC being built next year. With eastern melbourne booming this sleepy hollow is roaring with average house now 415k+, up 20% this yr to date, but some still available 300-350k. New 25sq house can be built for 340k by A V Jennings, they are charging Metro prices plus 2.5k area surcharge. I am onto my 3rd in 3 yrs.
And remember all interest charged on a loan once you purchase the land until building is complete is tax deductible:
http://law.ato.gov.au/atolaw/view.htm?Docid=TXR/TR20044/NAT/ATO/00001&PiT=99991231235958
It is also coastal which has a very safe surf beach with a new $1.5 million SLSC being built next year. With eastern melbourne booming this sleepy hollow is roaring with average house now 415k+, up 20% this yr to date, but some still available 300-350k. New 25sq house can be built for 340k by A V Jennings, they are charging Metro prices plus 2.5k area surcharge. I am onto my 3rd in 3 yrs.
And remember all interest charged on a loan once you purchase the land until building is complete is tax deductible:
http://law.ato.gov.au/atolaw/view.htm?Docid=TXR/TR20044/NAT/ATO/00001&PiT=99991231235958