What's going on in Whyalla

Viewing 5 posts - 1 through 5 (of 5 total)

Cebwog
Participant
@cebwog
Join Date: 2015
Post Count: 2
September 22, 2015 - 9:44 pm
Does anyone have any knowledge of the Whyalla property market and future growth?
Corey Batt
Participant
@cjaysa
Join Date: 2012
Post Count: 1,010
September 22, 2015 - 10:40 pm
“What’s going on in Whyalla?”
Absolutely nothing.
- This reply was modified 8 years, 7 months ago by Corey Batt.
Corey Batt | Precision Funding
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Investment Focused Finance Strategist - servicing Australia-wide
D.T.
Participant
@dtraeger
Join Date: 2014
Post Count: 128
September 22, 2015 - 10:42 pm
Wouldn’t put any hope in Whyalla at all.
Assuming you want to buy in South Australia – You’ll get more chance of growth, and probably about the same yield in metro Adelaide.
D.T. | DT Property Management
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Adelaide Property Management - whole Adelaide metro
Cebwog
Participant
@cebwog
Join Date: 2015
Post Count: 2
September 23, 2015 - 10:22 am
Thats a shame we already have properties in whyalla which are achieving good rental returns (at the moment) but would make a loss if we sold. I guess now we make a decision to cut our losses or long term hold if there are no future projects that would drive up the property prices!
BuyersAgent
Participant
@knightm
Join Date: 2005
Post Count: 338
September 23, 2015 - 8:20 pm
Tied to Iron Ore and any other new major projects. Both are flat at present. Long term it could do well but will require global shift in resource prices to be booming again anytime soon.
BuyersAgent | Precium
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South Coast NSW Independent Buyers Agent - Wollongong to Batemans Bay and Regional NSW. DOWNLOAD OUR FREE 14 POINT PROPERTY BUYER'S CHEATSHEET to avoid painful mistakes at precium.com.au