Where are the strongest rental markets at the moment? Are there any regional centres in NSW with new industries or other demand stimuli?
[?]Hi Dennis,
A good place to start is to go out and buy “Property Investor Magazine”. It covers towns & rental yields etc. It gives a good starting point, but in the end, it will be up to you to research.
When you think you have found a good area to buy, take a few days and do the leg work and go there (if you are able).
Towns with new industries are a great indication. (Towns with more than ONE main industry). Towns where infrastructure are beginning, i.e. McDonalds, KFC, Office Works, or large department stores.
Sorry, I’m not very familiar with regional towns in NSW.
Good luck,
DelAPI is ok but i think there figures are a bit out of date, in a fast moving market thats not real good.
Hi Dennis,A good place to start is to go out and buy “Property Investor Magazine”. It covers towns & rental yields etc. It gives a good starting point, but in the end, it will be up to you to research.
When you think you have found a good area to buy, take a few days and do the leg work and go there (if you are able).
Towns with new industries are a great indication. (Towns with more than ONE main industry). Towns where infrastructure are beginning, i.e. McDonalds, KFC, Office Works, or large department stores.
Sorry, I’m not very familiar with regional towns in NSW.
Good luck,
DelDoes anyone know of a website that has this information?
Thanks in advance
Darren
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