Property Review Video – August 2023
Stay up to date with the latest developments in the property market over the past month. Our video takes you through an overview of the state of...
Most people in Australia live in houses. So when we talk about low risk property investing, I’m always looking about minimising my risk.
Often we talk about looking at the number of sales, the vacancy rate, the population demand, and the type of property because we’re minimising your risk over time. [This is] making sure that maximum amount of people are going to want your property.
I personally think that land goes up in value and, obviously, the property depreciates. So I want to have a land component.
But I don’t want to have a thousand square meter block in an area where the typical properties are 500 square meters unless I was going to subdivide, and that was my whole strategy.
So I’ll look at what the typical size block is and what the typical property is. And I want to look at the demographics and the typical number of renters.
If you’d like to know more about the buying process. Don’t make the common mistakes that could cost thousands of dollars.
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Stay up to date with the latest developments in the property market over the past month. Our video takes you through an overview of the state of...
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