When it comes to investing in property there are many different aspects to take into consideration however, there’s one factor that we hear time and time again…
Buying in a great location is a no brainer but what makes a location “great”?
First, let’s look at the outcome we’re expecting to achieve from your investment:
Value and Financing
You’ve researched the market, decided on a property and put your hard-earned deposit down to take the property off the market. Now comes the fun of getting finance approved at a low interest rate with good terms. As we’ve seen over the past year, banks can be unpredictable with their lending criteria, but this doesn’t have to be risky business. Using an independent property investment firm such as Robson and Robson Property in conjunction with an experienced mortgage broker can ensure you’re selecting a property in a location that banks and valuers look upon favourably, potentially saving you thousands at settlement.
Whether you plan to rent the property out or live in it yourself, you need to take into consideration the current and future rental market in your area as this will ultimately affect your property’s performance and value.
Locations with schools, shops, medical, transport and employment opportunities generally attract quality tenants and neighbours who take care of your asset and the surrounding community, pay rent on time and choose to lock in longer term leases.
Here at Robson and Robson Property the main goal of our long term ‘Buy and Hold’ strategy is to gain capital growth from each property. The term “capital growth” is essentially how much your property’s value/worth increases. Investors know to buy property when prices are low and sell when prices are high. How do we do this? Location! We’re constantly researching the entire marketplace throughout Australia to find those sweet spots that are ready to boom in the coming years. Areas that are close to capital cities but haven’t yet been completely developed and/or have big plans for new or improved infrastructure are ripe for the picking.
Having substantial capital growth means you’ll make a profit if you sell. If you’re looking to grow a prosperous investment portfolio you will be able to use your property’s equity (the amount your property has increased in value) to assist in the purchase of your next investment.
Below are some of the key locations we’ve identified as having the highest potential for capital growth, the best rental returns and minimal risks.
As an independent firm, we work with a range of quality developers and builders across the country.
Brisbane’s coastal sister to the north is coming into her own with the construction of a new $300 million CBD. The Maroochydore City Centre will create a thriving centre for commerce, technology, innovation, entertainment and inner city living. Complimenting this growth is the:
– $1.1 billion upgrade of the Bruce Hwy
– new light rail
– Beerburrum to Nambour train upgrade
– newly opened $1.8 billion Sunshine Coast University Hospital
– future Sunshine Coast Airport upgrade
– $400 million Sunshine Plaza redevelopment
– construction of the Sunshine Coast Solar Farm, Queensland’s first large-scale solar farm
– major new residential and commercial developments and precincts across the region
– $927 million international broadband submarine cable
The Moreton Bay region is one of the fastest growing regions in Australia and is a prime spot for investors to consider due to it’s close proximity to Brisbane’s CBD as well as it’s exceptional lifestyle amenity. Some of the key attractions for the Moreton Bay region include:
– University of Sunshine Coast Moreton Bay campus
– light rail proposal
– close to Brisbane CBD
– easy highway access to Sunshine Coast
– Moreton Bay Rail Link
– the development of Narangba
– the development of North Lakes
– the proposed marina precinct at Burpengary East
It’s no secret that Sydney has peaked and although there are still some great opportunities to be had, from a capital growth perspective we’re looking further north to Newcastle.
With $6.5 billion worth of infrastructure planned or under way and nearly $2 billion in private development projects, Newcastle is a construction zone.
Work on the $260 million light rail network has commenced, while major residential projects, particularly in West End, are taking shape throughout the city.
Read here for a more in-depth look into Newcastle.