Monday, 3 October 2011

Australia's Hottest Suburbs Under 500k

Buying

Australia's Hottest Suburbs Under 500k

Article | Robin Christie | Your Investment Property Magazine
If you’ve had even half an eye on the property scene this year you’ll have realised that most areas are going through something of a flat period, and that buyers certainly have the upper hand.
Now may be the time, therefore, to take a look at bargaining hard and adding an affordable property to your portfolio rather than splashing out in expensive blue-chip locations whose performance has plateaued of late.
Moreover, with today’s tightened post-GFC lending criteria, picking up an affordable property may be the only option that your budget allows.
But how do you go about selecting a property that won’t break the bank yet still ticks all the right boxes from an investment perspective?
After all, it’s no use picking up a super-cheap house in the sticks if its location dictates that you’ll struggle to find tenants and capital growth won’t be forthcoming.
Check out a snapshot of the best bargain investments in Melbourne, Sydney and Brisbane below. For the full report on Australia's Hottest Suburbs Under 500k click here.





Copyright Your Investment Property and Your Mortgage republished with permission. Read more online articles on Property Investment 
If you’ve had even half an eye on the property scene this year you’ll have realised that most areas are going through something of a flat period, and that buyers certainly have the upper hand. Now may be the time, therefore, to take a look at bargaining hard and adding an affordable property to your portfolio rather than splashing out in expensive blue-chip locations whose performance has plateaued of late.
Moreover, with today’s tightened post-GFC lending criteria, picking up an affordable property may be the only option that your budget allows. But how do you go about selecting a property that won’t break the bank yet still ticks all the right boxes from an investment perspective? After all, it’s no use picking up a super-cheap house in the sticks if its location dictates that you’ll struggle to find tenants and
capital growth won’t be forthcoming.



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