Hi everyone,
I have been reading the forums but I've only recently joined and this is my first post Must add that this website is fantastic! I purchased my first property 4 years ago, which I currently live in and I am looking to purchase my first investment property. I've spent a lot of time narrowing down my criteria's for an investment and it's lead me to the conclusion that Regional Vic would be an ideal place for me to look at.
I am looking for capital growth but it is also important for me that the property can be easily rented out. My budget is under 300k. I was originally looking at Wyndham Vale but the vacancy rate concerns me. I then started focusing on Bendigo (I have looked at a few properties in Golden Square) and Ballarat and I've been researching both areas for the past few months.
I would really appreciate if anyone has any thoughts about the areas I have mentioned, particularly from a capital growth point of view
Looking forward to hearing the responses.
Mery
I have been reading the forums but I've only recently joined and this is my first post Must add that this website is fantastic! I purchased my first property 4 years ago, which I currently live in and I am looking to purchase my first investment property. I've spent a lot of time narrowing down my criteria's for an investment and it's lead me to the conclusion that Regional Vic would be an ideal place for me to look at.
I am looking for capital growth but it is also important for me that the property can be easily rented out. My budget is under 300k. I was originally looking at Wyndham Vale but the vacancy rate concerns me. I then started focusing on Bendigo (I have looked at a few properties in Golden Square) and Ballarat and I've been researching both areas for the past few months.
I would really appreciate if anyone has any thoughts about the areas I have mentioned, particularly from a capital growth point of view
Looking forward to hearing the responses.
Mery