Ah, country life
Article Abstract:
More and more Australians are relocating to rural communities and are purchasing small acreage. Interest rates and the future of rural industry are becoming attractive in 1997. Generally small farms, or hobby farms, were once purchased by the wealthy to serve as weekend getaways. The demand for small landholdings has increased with the increase of infrastructure improvements between rural communities and cities and as technology makes it easier for people to work away from their office headquarters.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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Property's go-go zone
Article Abstract:
Investors in the 1980s may have been cautious about retirement properties, but the aging of the baby boomers will create a need for many more aged care accommodations. Retirement villages built during the 1980s were often sold to owners with the operator and the developer making the profit. New development schemes include construction carried out by the private sector, rents subsidized by the government and investors receiving a high rate of return.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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Snow business
Article Abstract:
Australia's alpine property is becoming a popular investment with smaller investors. Almost all resorts in the alpine areas have announced expansion plans. Some resorts such as Mount Hotham are seeing homes prices more than double since July 1996 last year. The net return of residential rental properties is about 7%.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1997
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