Bushfire threat in Wodonga.
3 Answers
Hi Andrew, Thank you for your enquiry regarding investing in property on the Border. Albury/Wodonga has recently been ranked by the Real Estate Institutes of Victoria and NSW as one of the top 10 hot spots for investment activity. Currently we are experiencing high volume demand from investors and owner occupiers for affordable properties with high yielding returns. Our vacancy rate for rental properties is currently 0.01% which makes it a great time to be a landlord in Albury.
Albury/ Wodonga experiences four seasons of weather. We are desirable located only 3.5 hrs from Melbourne, 3.5 hours to Canberra and 5.5 hours to Sydney. Albury airport has Virgin & Qantas fly in daily and the train runs from Melb to Albury twice daily and then on to Sydney. We have been very lucky to have avoided natural disasters in recent years unlike many parts of the country. Albury has not experienced any major flooding or bush fires recently. We have strong employment and easy access to healthcare, education- primary, secondary & two universities. A large defence force base, Mars Petfoods and other infrastructure keeps the demand for rental properties strong.
Also we are starting to experience real capital growth in some suburbs. Please feel free to contact me for a more detailed property report on local suburbs and property prices.
Kind Regards,
Donna Duncan
Ray White Albury
0468 825 120
What is the bush fire threat evel here