Investing wisely in ‘dicey’ suburbs
First-time investors often fall into the trap of purchasing property in familiar areas that are unlikely to provide them with high returns. Sarah Kendell shares how going against this trend has set her on the right path with her portfolio.
Ten years ago, at age 22, the finance journalist bought her first property in what was then considered an undesirable Sydney suburb, but showed potential for gentrification and market rise.
On this episode of The Smart Property Investment Show, Sarah joins host Alex Whitlock to explain her decision-making process on location and property type, how this investment provided a solid yield over the decade she owned it, and her revised strategy for acquiring her second property.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
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