I think that when you buy properties you must have an exit strategy. If market is oversaturated, it could be hard when it comes to sell. I think in this market it’s important for a property to have a unique selling point. Buying an apartment of this type may be okay if it was unique in some way (eg only one with wheelchair access).

I’m also yet…[Read more]

Hi Liz

I have found that some real estate agents publish useful reports, eg Herron Todd White. This is useful for showing whether there is oversupply. Also has other interesting market info.

Check out their link:

http://www.htw.com.au/pages/info_centre/reports_list.asp

If you were interested in vacancy rates, which is the demand aspect, you…[Read more]

Thanks for everyone’s comments and thanks Jarrah for offering to take a look. [exhappy] Only do this if you are interested in the place to invest! It seems that Cunningham St also has a reasonably priced 2 bedroom unit. I’m guessing from crj’s comment that catherine drive is still dodgy.

I’m in the process of investigating Dubbo’s capital growth.…[Read more]