So I was driving towards bendigo this week, and I while I was a fair while away from the town, I was driving through whoop whoop, and saw a sign saying blocks of land for sale from $30k, blocks starting from 1 acre to 50 acres
I also caught up with a friend recently who grew up in Berwick, just a normal family, however their parents own 5 acres in Berwick,
now this might be worth a couple of million now, but when they bought it Ill bet they couldnt even give it away,
so my thoughts at the time while driving was "who the hell would want to live out here unless its a farm?? you've got no accessto anything, no one around you, no facilities, no shops, no nothing!!!! Not a chance in hell that anyone is going to want to build an estate out here"
but then I thought, fast forward 20-50 years, yes for investment, that might be a bit too long for most to even consider, but with our population expanding constantly, can one of these whoop whoop areas, miles from no where be full of estates down the track???? and Im not referring to a huge plot of land 500m from the outskirts of a major town,
whats everyones thoughts?
I also caught up with a friend recently who grew up in Berwick, just a normal family, however their parents own 5 acres in Berwick,
now this might be worth a couple of million now, but when they bought it Ill bet they couldnt even give it away,
so my thoughts at the time while driving was "who the hell would want to live out here unless its a farm?? you've got no accessto anything, no one around you, no facilities, no shops, no nothing!!!! Not a chance in hell that anyone is going to want to build an estate out here"
but then I thought, fast forward 20-50 years, yes for investment, that might be a bit too long for most to even consider, but with our population expanding constantly, can one of these whoop whoop areas, miles from no where be full of estates down the track???? and Im not referring to a huge plot of land 500m from the outskirts of a major town,
whats everyones thoughts?