Location isn’t everything that goes into choosing an investment property but it is an important piece in the property puzzle. Many factors decide what makes a good location to invest. Things like existing infrastructure, future infrastructure being planned and budgeted for, population growth, employment and new jobs being created, vacancy rates, demographics and much more. We at Robson and Robson are constantly conducting due diligence and research into what growth drivers are present on a macro (state/city) and micro level (suburb/street).
Due diligence is conducted on each of our partner developers as they approach RRP offering us access to their projects. More often than not developers are turned away. Not meeting our strict “property developer analysis matrix” and it’s criteria centred around reputation, previous track record, previous developments data, including sales performance, bank valuations, vacancy rate, delivery time and quality of the finished product, as well as how they finance their projects, the company directors and team of advisors reputation and qualifications, how many projects they have in the market at any one time and whether they are based overseas or here in Australia. There are hundreds of property developers in Australia and we only deal with a select few.
Full market research (in the form of a Comparative Market Analysis or CMA) identifying market trends including comparable sales, recent capital growth, projected capital growth, property price per square metre, rental yields in adjacent properties and suburbs, re-sale market trends and present vacancy rates are among some of the key indicators that we will research when selecting the right investment property for you.