Where Should My Investment Property be Located? Avoid single Industry Locations Single industry locations, in particular mining or defence towns, are risky investments. This is due to the potential for the employment hub – whether this be a mine of defence force base – to close down. This will diminish the rental pool, causing your… Read more
Where Should My Investment Property be Located? Avoid Small Towns Small towns with less than 100,000 residents within a 20km radius, and a lack of population growth, are not recommended as areas to invest in property. A smaller population means a smaller rental pool, and less demand for purchase should you need to sell your… Read more
Where Should My Investment Property be Located? Avoid a large percentage of rental properties An area which already has a large percentage of rental properties already will have a lot of competition between landlords, as the supply is larger when compared to the demand. This can mean that landlords may lower their prices to differentiate… Read more
Ever seen or heard of a property clock? Most likely not….. Here’s why it could change how and where you invest: What is a Property Clock? This is a property clock which is published monthly by national valuation firm, Herron Todd White (HTW) and is an overall indication of where they believe each market around… Read more
Learn more about what we do at Prospa Property Advisory, and how we can help you find your next investment property.
Want to learn more about Property Investment? Watch our quick introduction explaining Property Investment in Australia.