Supply and demand are important – and I don’t just mean
supply and demand of rental properties.
Aim to buy in suburbs that are dominated by owner-occupiers,
as it’s homeowners (not investors) who become emotionally and attached to homes
– and that plays a bigger role in driving prices up.
Again, you will find more affluent tenants wanting to live in
these areas for the lifestyle – not necessarily because they can’t afford to
buy a property.
Also, avoid locations where there are many new apartment
complexes going up.
They’re often largely owned by investors, which means they
flood the market with rental stock, which can impact the return on your (older)
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Wednesday, 7 July 2021