- boogeParticipant@boogeJoin Date: 2011Post Count: 48
I’m after some info on the town of Orange. Being a Victorian I know nothing about it from a personal point of view. Seems like affordable houses to buy with good rental returns, I’m still just starting research. I have seen some information regarding big increases in the last few years in public housing being built in Orange.
Is the area becoming a public housing haven?? I’d hate to buy in a dumping ground for the unemployed.Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069
Orange has been a bit of a hotspot for some time due to the mining.
With the cheap housing, I think some of them are restricted to certain purchasers (ie. not investors).
I think it's one of those places where it's probably best to hit the ground and scope it out yourself.
JamieEngeloRumoraParticipant@engelorumoraJoin Date: 2010Post Count: 618boogeParticipant@boogeJoin Date: 2011Post Count: 48
I’m only fairly new to the whole property investing thing. Wish I’d started sooner but there still seems to be some reasonable rental returns for the price compared to many other places.BMWParticipant@bmwJoin Date: 2012Post Count: 25
You might want to check with a few local property managers, In Dubbo many of the property managers won't take on properties in high density housing commission areas.Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069BMW wrote:You might want to check with a few local property managers, In Dubbo many of the property managers won't take on properties in high density housing commission areas.
I was speaking with someone about Wagga IPs the other day and they mentioned the same thing with PM's up there.