Sunday, August 9, 2009
The media has found cheap houses. Queenstown, in Tasmania, has long been my dream investment town and now it appears the prices will begin to climb again.
Yes, it is miserably cold, rainy and I would have to assume, very low socio economic, but then so is England. Still, this sleepy little town on the somewhat remote west coast of Tasmania provides some of the cheapest investment properties you can buy in a town. It has all the facilities, it's on the major tourist route for the apple isle, and the town will not disappear, it simply can't with that numerous residential properties there, a new hospital etc. etc. This town is my next target for investing. Maybe, just maybe, I can begin a movement to make this little town a gem.