Forums / Property Investing / Creative Investing / What's going on in Whyalla

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  • Profile photo of CebwogCebwog
    Participant
    @cebwog
    Join Date: 2015
    Post Count: 2

    Does anyone have any knowledge of the Whyalla property market and future growth?

    Profile photo of Corey BattCorey Batt
    Participant
    @cjaysa
    Join Date: 2012
    Post Count: 1,010

    “What’s going on in Whyalla?”

    Absolutely nothing.

    • This reply was modified 4 years, 2 months ago by Profile photo of Corey Batt Corey Batt.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
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    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of D.T.D.T.
    Participant
    @dtraeger
    Join Date: 2014
    Post Count: 128

    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

    Profile photo of CebwogCebwog
    Participant
    @cebwog
    Join Date: 2015
    Post Count: 2

    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!

    Profile photo of BuyersAgentBuyersAgent
    Participant
    @knightm
    Join Date: 2005
    Post Count: 330

    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
    http://www.precium.com.au
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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

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