If you want to turn your investment into a sure bet, you should buy in an area that’s attractive to as many tenants as possible.
This means, infrastructure and amenities.
Before you put in an offer make sure you visit the property and ask yourself the following questions:
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Are there good public transport options nearby?
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Can shops and services be easily reached from the property?
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What about parks, recreation and entertainment complexes?
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How far is the property from major employment centres like the CBD?
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Are there major facilities in proximity such as schools, medical centres and hospitals?
Sometimes an area may not tick all these boxes straight away but this doesn’t mean there aren’t plans underway to upgrade local infrastructure. Speak to the local government and check out historic growth data in the area.
If you have any questions about what the next hot investment property suburbs are, reach out and let’s talk.
My Very Best To You Always,
