Is Mowbray a good place for investment property in Launceston?

Looking to purchase an investment property and hold long term and thinking about perhaps sub dividing down the track. What do you recommend?
Thanks :)
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Mowbray generally offers a good ROI. If the property is well maintained and managed professionally by a quality property manager, it can be a brilliant investment area. Mowbray is extremely popular for families, university students and the Nepalese Community. Currently there is a 0.3% vacancy rate in this suburb.

Tameka Smith
Director and Property Manager
Key2 Property
63431329

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Rentals in Launceston, TAS 7250