Thoughts on Geelong and Ballarat

Being down in melbourne for a recent work jig,i see better infrastructure and prospects in the east and you can pickup something nice 40k's from the cbd in comparison price wise.Also i agree with Truly Exotic,ballarat over geelong anyday as an IP unless you plan to retire in the good suburbs of geelong.
 
I heard a whisper that the council rates in Ballarat are very high and keeping some investors away. Any truth in this (I've tried searching online to no avail)?
 
I heard a whisper that the council rates in Ballarat are very high and keeping some investors away. Any truth in this (I've tried searching online to no avail)?

yes, they are a little on the high side, pretty much in line with most of regional VIC, all mine have risen a bit over the last 2 years,

Council: $1300 pa with CIVs ranging from $180-$250k
Water: $1200 pa
 
yes, they are a little on the high side, pretty much in line with most of regional VIC, all mine have risen a bit over the last 2 years,

Council: $1300 pa with CIVs ranging from $180-$250k
Water: $1200 pa

Thanks Truly Exotic, that's great info, not prohibitive but still worth factoring in.
 
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