All Topics / General Property / Tasmanian Investing

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  • Profile photo of DanelleDanelle
    Member
    @danelle
    Join Date: 2006
    Post Count: 1

    Hi,

    I was wondering whether anyone had had any experience investing in Tasmania, and would like to share their story/stories?

    I live in Tas and am just about ready to purchase my second investment property. My first one was a fluke – i bought it while the prices were quite cheap – so it wasn’t hard to have a positive cash flow.

    I am a bit concerned though, that property prices have increased at a higher rate than rental income, and the quality of the opportunities may not be as high.

    So, I was wondering whether there were people ‘out there’ who were actually ‘doing it’ in Tas!

    I would love to hear from you, even if to give me a push in the right direction.

    Thanks. [biggrin]

    Profile photo of janetbiankajanetbianka
    Member
    @janetbianka
    Join Date: 2005
    Post Count: 7

    well you’ll be happy to know that there are other people here in tas and yes it is a bit harder but as steve says you just need to be creative.

    we have purchased some land and putting 2 x transportable homes on it.
    just to sell them and have a good turnover. land prices are going down at the moment in southern tas so we’ll prob get something more soon

Viewing 2 posts - 1 through 2 (of 2 total)

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