Determining where to invest
When it comes to buying the right investment property, figuring out where to invest can be key to your success.
It can be tempting to invest in your local area, however one of the benefits of investing is the chance to think out of the box and invest in property somewhere new.
In this chapter, we’ll consider the pros and cons of investing interstate. It’s important to remember that in the Australian property market each state is different, but once you allow for these differences there might be valuable gains to be had.
We’ll also consider investing even further afield as we entertain the thought of Australian investors buying overseas, and also consider how foreign investors can buy property in Australia. While there are some rules and regulations to be aware of the prospect may present some exciting opportunities.
Closer to home, we’ll consider how to identify the right suburb to buy in. It all comes down to the old adage location, location, location - of course. But what makes a good location? We’ll give you a list, so that you have somewhere to start on your search.
Lastly, if you are considering buying in a regional area versus the city, we’ll help you figure out which location might suit your investment goals.
In this chapter
Take the next step to buying your first home
Thinking about entering a foreign property market? There are some rules, regulations and risks to consider when ...
When it comes to property investment, it can pay to use your head and not your heart.
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"When I was looking at purchasing my home not only did Romeo help me out in finding the right home loan for me, but as it was my first property he really went above and beyond to help me understand what all the terms and conditions meant. He spoke me through every single step of the journey and made it really clear to understand knowing that it was my first property and an important decision. "
-David F, NSW.