We recently bought for clients this 4-bedroom, 2 bathroom, two car garage home in a leafy suburb of Bendigo, for just $436,000.
Negotiated over 3 days, we bought within the client budget and secured their top preference out of several excellent properties that we short-listed, in this growing inland city of 110,000 people.
Strategic Buyers Agents has been buying for clients in Bendigo and Ballarat since 2014, with great results. But we only buy certain product in a limited number of suburbs.
Our confidence in the goldrush cites has been confirmed with the latest report from CoreLogic. They reported that in the last 12 month change in dwelling values in regional Victoria grew at twice that of Melbourne. Some Ballarat suburbs have enjoyed double-digit capital growth. Note that “dwellings” combines houses and units, and we have very different views on what our clients should buy depending the regional location, or indeed the Melbourne location. Investors and homebuyers also have different motives and plans, so are a case-by-case decision.