Choosing the right property For foreign investors, the most accessible properties are new properties including off the plan homes and apartments, home and land packages as well as vacant land lots to build on. Here are a few things you need to consider when choosing the right investment property.
LOCATION AND GROWTH When it comes to investing, choosing the location of a property is important, such as the right state, city and neighbourhood. Investment success could produce larger capital gains. Evaluating the P.I.E (Population, Infrastructure, Employment) of an area can help you single out the most desirable neighbourhoods to invest in. Spend some time researching the growth areas in your city and be on the lookout for areas where the population is trending upwards and there is significant
Consider looking for well-connected properties within walking distance from public transport routes to the CBD and other amenities. It is often desirable for tenants to reach essential services like cafes, doctors, supermarkets, gyms and parks either by foot or within a short drive. If the property is suitable for families, you may also need to consider proximity to childcare and schools. TRUST YOUR JUDGEMENT
investment into local infrastructure. Browse real
Think about what features you would want in
estate listings for rental properties in the area
your home, these will likely be the same features
to get a good idea of the supply and demand in
that potential tenants look for when searching
the market.
for a rental. Shopping with a tenant mindset will help you identify the most important features
AMENITY AND TRANSPORT Easy access to amenity and transport are often top
and overlooked issues such as inadequate storage, lack of natural light, and strange layouts.
of the list for renters, and will make your property liveable and encourage long term tenancies.
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Choosing the right property
Why invest in Australia
