Hi there.
I have just recently returned from a trip up the coast looking for a place to live and possibly invest.
I was wondering what peoples thoughts and opinions were on investment opportunities in the following places:
1. Taree/Old Bar: good rental return. Hospitals, 3 high schools. Capital growth prospect though? Masters hardware have just opened up a big new store in Taree and I know they do their homework. Bunnings moved in 5 years ago.
2. Ballina: West Ballina is more affordable than East and tend to offer better rental yields but again opportunity for capital growth?? Will the bypass help or hinder it's prospects, and how much pull does the airport have to the future of the place?
3. Forster: stunning beaches, good schools, younger crowd coming in. Prices been moving up. What growth industries can support it?
4. Tuncurry: more affordable than Forster and just across the water. If Forster is a sounds investment opportunity, would Tuncurry be even better?
Does anyone have investment properties in any of them? How are they performing?
How would you rank them in order of preference?
Any other areas you'd consider instead?
Your thoughts and suggesting would be warmly welcome.
Thanks in advance.
I have just recently returned from a trip up the coast looking for a place to live and possibly invest.
I was wondering what peoples thoughts and opinions were on investment opportunities in the following places:
1. Taree/Old Bar: good rental return. Hospitals, 3 high schools. Capital growth prospect though? Masters hardware have just opened up a big new store in Taree and I know they do their homework. Bunnings moved in 5 years ago.
2. Ballina: West Ballina is more affordable than East and tend to offer better rental yields but again opportunity for capital growth?? Will the bypass help or hinder it's prospects, and how much pull does the airport have to the future of the place?
3. Forster: stunning beaches, good schools, younger crowd coming in. Prices been moving up. What growth industries can support it?
4. Tuncurry: more affordable than Forster and just across the water. If Forster is a sounds investment opportunity, would Tuncurry be even better?
Does anyone have investment properties in any of them? How are they performing?
How would you rank them in order of preference?
Any other areas you'd consider instead?
Your thoughts and suggesting would be warmly welcome.
Thanks in advance.