Proximity to amenities is of little help achieving higher capital growth. Investors think they need to avoid main roads and buy close to schools, shops, transport nodes, etc. But historical research shows there’s no real benefit, except in one case – when the amenity is new.
If an amenity has been around for years, the benefit has already been…[Read more]
If you have 2 properties side-by-side with identical blocks of land, but the dwelling on one property is new and the other is old, the old will have better capital growth. It’s a mathematical certainty – all other things being equal.
Investors have been duped by developers and those pushing new. Historical data, maths & logic confirm that old…[Read more]
Trying to buy under market value may not be a good idea. Those suburbs where bargains can be found are not hot. The hottest suburbs for capital growth are the ones where sellers treat buyers with contempt. There’s a great discussion of it in this article, “Aiming to buy under market value is bad“.
Most people think population growth leads to capital growth. But research at the suburb level suggests the opposite.
The only way in which a suburb’s population can grow rapidly is via the construction of new dwellings. That’s supply, which is actually the enemy of capital growth.