After some great info from these boards I've been learning all about the risk of buying boarding houses so have been now considering a student house strategy - cheapish properties that I could get good yields, that are unlikely to be council inspections magnets - so no 10 room places etc. But that I rent out rooms separately to students safely - no overcrowding, bunks in illegal granny flat type things.
Toowoomba is one, maybe Gatton, Lismore, Armidale, and Albury-Wodonga I'm thinking so far. Toowoomba has the "hotspot" label attached and Albury-Wodonga a "warm" label according to Ms Lomas although many are backing Toowoomba I think. There is also Bathurst and Newcastle but I feel like they may have already moved a bit.
I'm thinking Armidale may be the weakest link for an kind of CG - small town, reliant on university. Lismore has the flooding issues but seems to be a fairly vibrant uni town.
Any thoughts on any of these towns or this strategy or even any fun places to visit? I am going to do a campervan relocation next week where I've got a van to drive back from Ballina to Sydney for $5 a day so I'm actually going to visit Lismore and Armidale at least.
Toowoomba is one, maybe Gatton, Lismore, Armidale, and Albury-Wodonga I'm thinking so far. Toowoomba has the "hotspot" label attached and Albury-Wodonga a "warm" label according to Ms Lomas although many are backing Toowoomba I think. There is also Bathurst and Newcastle but I feel like they may have already moved a bit.
I'm thinking Armidale may be the weakest link for an kind of CG - small town, reliant on university. Lismore has the flooding issues but seems to be a fairly vibrant uni town.
Any thoughts on any of these towns or this strategy or even any fun places to visit? I am going to do a campervan relocation next week where I've got a van to drive back from Ballina to Sydney for $5 a day so I'm actually going to visit Lismore and Armidale at least.
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