Hi there.
Wondering what folks in the know on the forum think of Morwell these days as a growth prospect?
Already have a property in traralgon bought about 3 years back and I'm being seduced by low entry cost and pretty decent yield prospects in its near (but probably more economically depressed) neighbor Morwell.
Obviously brown coal is the factor in this area and with reports every now and then suggesting significant (pilbara scale) expansions might one day occur... Well it's exciting.
Plus there are other industries at play in the area. Any thoughts appreciated. Anyone buying there? Anyone buying in Victoria?
Wondering what folks in the know on the forum think of Morwell these days as a growth prospect?
Already have a property in traralgon bought about 3 years back and I'm being seduced by low entry cost and pretty decent yield prospects in its near (but probably more economically depressed) neighbor Morwell.
Obviously brown coal is the factor in this area and with reports every now and then suggesting significant (pilbara scale) expansions might one day occur... Well it's exciting.
Plus there are other industries at play in the area. Any thoughts appreciated. Anyone buying there? Anyone buying in Victoria?