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Regional Property a cost effective alternative?; Catherine Cashmore opens her trap
Topic Started: 15 Dec 2012, 11:16 AM (4,461 Views)
newjez
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Frank Castle
15 Dec 2012, 05:37 PM
Here's an idea, one could always get a job in or near the regional.
I am sure my tenants don't do the daily 7 hour drive each way back to Brisbane for work.

Back when I was doing my trade in the late 80's early 90's I used to have no option but travel up to 100klm each way daily......unpaid.

Jobs weren't as easy to come by then and apparently we were made of sterner stuff than the softcocks of today.
I drive 50 miles each way to work. I car pool which saves on costs and makes the drive more pleasant. I have a diesel hatchback which is both economical and can swallow the miles with little upkeep. When I was made redundant, I had little choice if I wanted to keep paying the mortgage.

I could move closer to work, and I would get a better, cheaper house. But I would be further from London, and further from job opportunities should anything go wrong where I work now. Plus I'd have to move the kids, and they are settled. (they walk to school Frank). I have considered an investment flat near where I work, which may be the best option long term. I could also change jobs in a few years time, and may do so if the commute starts to get me down.

Not everyone is a soft cock these days Frank.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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chewbacca
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mel
15 Dec 2012, 06:41 PM
Im not sure about the train but i have driven there plenty of times in around an hour.. I love it there. :oo:
Ballarat is a great place
i followed miw to said casino but lost all my fckn money before i made it to the bar
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Ex BP Golly
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Frank Castle
15 Dec 2012, 05:37 PM
Here's an idea, one could always get a job in or near the regional.
I am sure my tenants don't do the daily 7 hour drive each way back to Brisbane for work.

Back when I was doing my trade in the late 80's early 90's I used to have no option but travel up to 100klm each way daily......unpaid.

Jobs weren't as easy to come by then and apparently we were made of sterner stuff than the softcocks of today.
Having travelled more than an hour each way for a couple of years, I don't recommend it to people, even if I though they were permanently suffering priapism.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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miw
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Ex BP Golly
15 Dec 2012, 07:51 PM
Having travelled more than an hour each way for a couple of years, I don't recommend it to people, even if I though they were permanently suffering priapism.
Especially then. Where would you put the netbook?
The truth will set you free. But first, it will piss you off.
--Gloria Steinem
AREPS™
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mel
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This man is quietly smirking his ass off
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ajGold
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Ex BP Golly
15 Dec 2012, 05:32 PM
But would you want to commute two or more hours a day?

Plenty do, catching the train say from Bowral/ mittagong to Sydney.

A yearly ticket is $2300 economic cost, but at 10+ hours a week commuting giving you the equivalant of a 6 day work week!

Id cost that at $35 per hour for wasting my time.

Are you really saving anything by wrecking yourself in this manner?









Coincidental that you should mention that particular commute, because as of January I am moving from Sydney to that region while retaining my job in Sydney CBD.

One of the factors was the poor value for money to be found for property in Sydney, while the key to making it possible has been to negotiate a 50/50 split between working from home and in the office.

I feel the lifestyle benefits and comparatively lesser mortgage will be worth the extra 6hr in commuting (at 50%), but give me 6 months and I will have a better handle on whether it remains tenable.
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Ex BP Golly
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ajGold
15 Dec 2012, 09:10 PM
Coincidental that you should mention that particular commute, because as of January I am moving from Sydney to that region while retaining my job in Sydney CBD.

One of the factors was the poor value for money to be found for property in Sydney, while the key to making it possible has been to negotiate a 50/50 split between working from home and in the office.

I feel the lifestyle benefits and comparatively lesser mortgage will be worth the extra 6hr in commuting (at 50%), but give me 6 months and I will have a better handle on whether it remains tenable.
50/50 should be very workable.

That Southern Highlands train use to be really good, with the regulars making sure to wake people up so they didn't miss their stops.

When I use to catch it a decade and more back, thre friday night trip home use to be great, with people bringing on cases of beer, listening to music. The smokers carriage had a great atmosphere.

Still, the commute (over 5 days) was a slog.

I hope the life style agees with you. I certainly wasnt bitching about that lol.

If you are into bushwalking, I highly recommend The Nattai Wilderness.

Good luck and enjoy the fact you are on the cusp of a movement that will make urban suburbs obsolete- telecommuting- working from home.

(obviously urban suburbs won't become obsolete, they will just have to reinvent themselves- probably as slums lol)
miw
15 Dec 2012, 08:37 PM
Especially then. Where would you put the netbook?
Yeah, trains back them didn't have any outlets
;)
Edited by Ex BP Golly, 16 Dec 2012, 12:28 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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mel
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They also mentioned Gosford in NSW in the video. Is anyone here familiar with Gosford?
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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Poontang
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A rural acreage property backing onto a river will suit me just fine as my PPoR when it comes time to buy one.

Working on building up an investment portfolio to provide an income stream. Work a little on top from time to time to supplement that income.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

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The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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Ex BP Golly
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mel
16 Dec 2012, 05:06 PM
They also mentioned Gosford in NSW in the video. Is anyone here familiar with Gosford?
Gosford is very close to the above ground cemetery of woy woy
Poontang
16 Dec 2012, 05:16 PM
A rural acreage property backing onto a river will suit me just fine as my PPoR when it comes time to buy one.

Working on building up an investment portfolio to provide an income stream. Work a little on top from time to time to supplement that income.
Sweet. Good luck.
How remote do you want to go.
My place is 1 hour from a number of major towns, and 2.3 hours from Sydney, but look to expanding my rural holdings with something very special about 2 hrs from a middle size regional town, and about 7 hours to a capital city. Closest little village about 1 hr away.

Isolated, with fresh water catchment draining onto the property totally enclosed in a national park.

Some large size pasture improved paddocks on floodplain and 20 yo regrowth and Old growth.

First holding on that watercourse.

Very nice.
Edited by Ex BP Golly, 16 Dec 2012, 06:08 PM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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