What you must look for in your next investment suburb
03 NOV 2014
By Reporter
2 min read
Hotspots
Victor Kumar, director, Right Property Group
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As an investor, when you're looking at buying in an area you should be looking at what the demographics of what the owners are there. Are there a lot of owner-occupiers? Or are there a lot of investors, in other words landlords, in that area? If there are a lot of owner-occupiers in that area then the is two sides to that coin. Obviously with more owner-occupiers, the streets ape is likely to be a lot more pleasant but on the flip side you also need to look at from a tenants point of view as to why there's a higher owner-occupier content. Is it more conducive to home ownership rather than rentals?
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