Just wondering what are people's view on VIC regional market. I am looking specifically in Geelong & Ballarat. Is one better than the other? We want to invest for long term and capital growth is important for us, to gain equity
and buy again. Budget is 350K (but less would be better).
Looking for a house with decent land component so can develop later on. Not a fan of body corp fees as our 1st IP is costing a bit.
Personally I've always believed to invest in capital cities keeping capital growth in mind. Geelong has suffered from number of job losses in recent time.
My partner thinks this is good time to get in and buy counter cyclically. Any thoughts....
Is anyone looking or buying in these markets or have bought recently. Any areas to avoid etc...Appreciate any feedback.
and buy again. Budget is 350K (but less would be better).
Looking for a house with decent land component so can develop later on. Not a fan of body corp fees as our 1st IP is costing a bit.
Personally I've always believed to invest in capital cities keeping capital growth in mind. Geelong has suffered from number of job losses in recent time.
My partner thinks this is good time to get in and buy counter cyclically. Any thoughts....
Is anyone looking or buying in these markets or have bought recently. Any areas to avoid etc...Appreciate any feedback.