PropDir replied to the topic Investing in Canberra Properties in the forum Help Needed! 4 years, 6 months ago
Hi all – interesting, because I have thought about Canberra in the past, however was unsure given people there are all mostly employed by government agencies – do you see the heavily reliance on government employment as an issue?
Also, is there alot of land supply in Canberra in general? I have a feeling there may be.
The attractive things…[Read more]
PropDir replied to the topic Is this time is good for investing in the forum Help Needed! 4 years, 6 months ago
Hi Sukh,
Yes, I believe it is a good time to invest. Prices in many areas are discounted (given the current situation), and interest rates are low.
However as Jaxon says, ensure the numbers add up and ensure that whatever investment you make aligns with your longer term strategy. Do you due diligence research on specific areas, consider d…[Read more]
PropDir replied to the topic How far from your base should you start, Newbie in the forum Help Needed! 4 years, 6 months ago
Hi Buster,
When I first started investing, I did purchase in my home state (NSW), starting with areas around 5km from my location, because I knew those areas well.
However over time, I started looking at areas in more regional areas of NSW such as Tamworth and other areas based on investment goals such as improved yields/cashflow. Later on, I…[Read more]
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