One of the biggest problems Investors face when looking at buying an investment property is “Where do I buy?”
We always suggest you look at historical data and consider the pattern of capital growth over the last 10-20 years to establish whether or not the locations you are looking at are worth consideration.
We must remember that the goal of investing in a property is to realise strong long term capital growth, whilst keeping the investment property within our budgetary requirements.
We have found that the locations that hold steady long term growth are generally located within 2-12 km from the CBD.
These suburbs have had good growth over recent years with consistent demand from tenants due to their proximity to the city. Shops and public transport are also always worthy of consideration.