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  • Profile photo of 2bcr8v2bcr8v
    Participant
    @2bcr8v
    Join Date: 2008
    Post Count: 3
    November 10, 2008 - 8:39 am

    I have ended up buying a property in Moe.

    950sqmt block3 bedrooms – weatherboard

    purchase $118,000

    rent $170pw and proberbly could have got more.

    I'm over the moon and will defernately pick up another.

    Profile photo of 2bcr8v2bcr8v
    Participant
    @2bcr8v
    Join Date: 2008
    Post Count: 3
    November 4, 2008 - 3:01 am
    JLtarra wrote:
    Hi,

    I do some investing in near by Wonthaggi. Some say it's Moe by the water.
    Those areas certainly have the infrastructure and the employment with the power stations etc.
    Things to be wary of are the crime rate that comes with an are that has this kind of socio demographics.

    What sort of investing are looking at?

    John

    Thanks John

    The sort of investment we are looking for is a fairly cheap layout as there is only 1 salary and also good potential in rent.

    Rob.

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