Paper Boy
11th June 2008, 02:14 AM
Posted May 28, 2008
Parkes has topped a list of the 12 best places in Australia to buy a house for under $200,000.
The list was compiled by leading real estate author and researcher Terry Ryder.
Mr Ryder says he put it together to help potential investors find a bargain, but in a decent area.
He says the median house price in Parkes is between $195,000 and $208,000.
"If I was going to rush out an buy an investment property in one of those locations, which I may do in the near future, I would choose Parkes," he said.
"Of all the places I have seen it's the one that I think has got the most potential, that isn't realised generally by investors around the country."
Other areas on the list included Broken Hill, Mildura and Inverell.
Parkes has topped a list of the 12 best places in Australia to buy a house for under $200,000.
The list was compiled by leading real estate author and researcher Terry Ryder.
Mr Ryder says he put it together to help potential investors find a bargain, but in a decent area.
He says the median house price in Parkes is between $195,000 and $208,000.
"If I was going to rush out an buy an investment property in one of those locations, which I may do in the near future, I would choose Parkes," he said.
"Of all the places I have seen it's the one that I think has got the most potential, that isn't realised generally by investors around the country."
Other areas on the list included Broken Hill, Mildura and Inverell.