Hi guys,
Been doing some digging on Regionals and MILDURA keeps coming up as somewhere with potential. Reasonable growth and good yield and entry price for a typical 4 bedroom is cheaper than other regionals of similar size.
Most commentators have Mildura as either watch closely and others with good potential. I am looking for something that is going to cost me $300,000 or less, close to positive as possible and with the growth ticking over for next 7-10 years. Don't want much I know. I see vacancy rates in Mildura is 0.56% which is fantastic. Growth expected at about 7% this year - another great result.
Anyone got thoughts on Mildura ? Any areas better than others, new - V old,
I currently hold properties in Townsville, South Australia, Sydney, Medowie NSW so trying to get in as light as possible with some potential. Cant afford to enter Sydney market again but hoping something in Mildura might balance my portfolio out and give me some kick.
Cheers.
Been doing some digging on Regionals and MILDURA keeps coming up as somewhere with potential. Reasonable growth and good yield and entry price for a typical 4 bedroom is cheaper than other regionals of similar size.
Most commentators have Mildura as either watch closely and others with good potential. I am looking for something that is going to cost me $300,000 or less, close to positive as possible and with the growth ticking over for next 7-10 years. Don't want much I know. I see vacancy rates in Mildura is 0.56% which is fantastic. Growth expected at about 7% this year - another great result.
Anyone got thoughts on Mildura ? Any areas better than others, new - V old,
I currently hold properties in Townsville, South Australia, Sydney, Medowie NSW so trying to get in as light as possible with some potential. Cant afford to enter Sydney market again but hoping something in Mildura might balance my portfolio out and give me some kick.
Cheers.