Help on researching..

Hi Clarebear
Welcome to the forum!
A couple of places to look for data are Residex, RP Data, REINSW (all of whom have websites). You have to pay for reports, except for a limited free service with RP Data. If you can find a couple of decent real estate agents they can help too (though pick who you believe!).

If you are new to the investment scene may I strongly suggest that you spend some of your first dollars on education? There are a lot of properties in Sydney that are likely to have relatively poor CG over the next few years and if you are looking at building a portfolio of properties, you need to carefully consider the consequences of negative gearing.

Steve is running a GREAT seminar next Sunday (12th Dec) that will give you so very many insights into property investment. If you can afford the time, book into it quick!

Otherwise, keep asking questions until you have a fair idea of what you will be buying into and what the true outcome is likely to be.

Best of luck (and skill!),
scotty3

There are always good deals if you know what you are looking for, but I can only strongly suggest again that you come to Steve’s seminar on Sunday before doing anything else, if you possibly can – too much in it to tell you specifically why you should.

With CG less than what it used to be in many areas, including some parts of Newcastle and central coast, you need to be extra careful in the selection of property so that what you have can help expand your portfolio rather than limit it.

Try to find ones to which you can add value to increase returns. Failing that, look for ones that are under market value (sometimes hard to find). ‘Bad’ areas that are experiencing a ‘revamp’ to trendry can be good hunting grounds.