Hi all
This is going to be our 1st investment house
I just need to know how to start researching the best capital growth areas. Is there any particular sites that anyone can recommend I start with? I live in Brisbane.
ThanksHi newbie
Here's a heap of websites that will help you get started – http://passgo.com.au/property-data-websites.html
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Residex has some great reports.
Engelo
EngeloRumora | Ohio Cashflow
http://ohiocashflow.com/
Email Me | Phone MeF@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST
have a look at nexthotspot.com.au they have some great information on there.
Hi There,
Congrats on taking the first step to creating your investment portfolio. If you go to PRD Nationwide Research you can look at all areas and obtain free research data. That way you can look at the growth for the area, industries and infastructure, demographics and rental market returns. Maybe you could start with realestate.com.au andjust look at the different areas for sale and rental values and then fine tune it from there. I guess it really comes down to how much you want to invest as that will determine the area you invest in. <moderator: delete advertising>
Cheers,
StaceyHi Stacey,
I tried to contact you by email, however, your email was shown on your profile.
if you don't mind what's your email address ? I would like to know more about Orange and the suburb in Orange
Thank you
TaylorHey, congratulations on your first (potential) investment. Melbourne I find is a pretty safe bet. Just look at the eastern suburbs. If your rich (like 1-2mill? I’d suggest looking somewhere along Kew.
http://discover.realestate.com.au/buying/news/buying-news-where-to-make-the-most-money-in-3-5-years
Here’s an article on hotspot places though (hopefully this will help you). Good luck!
Really depends what your ultimate goal is. Don’t get me wrong, capital growth is great to look for, but you need to be able to cash flow your purchase to get the growth, so cash flow is very important too”
Plenty of those numbers look good historically, they aren’t crystal balls, and really you need to be looking for areas that have the 3 key factors.
Infrastructure, government spending and population growth. These are the 3 key factors that drive growth and in the righ areas we have seen amazing income also, so you can cash flow the property comfortably enough to be able to hold onto it long enough to make the growth.
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