Hi guys, im looking to get my 1st property soon and it would be my PPOR for 6 months then convert to a IP .
Im looking at rockingham as that's where I want to live, but is it a good place investment wise?
For me I think anywhere near a nice beach is a good start, and rockingham also has the amazing marine park , penguins, seal lions and dolphins etc.
It has lots of naval base workers too on steady incomes, but perhaps also a lot of mine based workers.
There dose seem to be a lot of building going on just now, two big blocks of appartments near the foreshore and lots of smaller appartments blocks going up and 3,4,-8 house developments on the bigger blocks.
I can imagine this leading to over supply of 1-2 bedders so I was thinking more along the lines of an older 3-4 bedder house that I could renno when im living there and then perhaps develop latter down the line.
Anybody any thoughts on the area?
Im looking at rockingham as that's where I want to live, but is it a good place investment wise?
For me I think anywhere near a nice beach is a good start, and rockingham also has the amazing marine park , penguins, seal lions and dolphins etc.
It has lots of naval base workers too on steady incomes, but perhaps also a lot of mine based workers.
There dose seem to be a lot of building going on just now, two big blocks of appartments near the foreshore and lots of smaller appartments blocks going up and 3,4,-8 house developments on the bigger blocks.
I can imagine this leading to over supply of 1-2 bedders so I was thinking more along the lines of an older 3-4 bedder house that I could renno when im living there and then perhaps develop latter down the line.
Anybody any thoughts on the area?