Was wondering if you could give me some suggestions on how you pick the area to do the research, I have read that you can throw a dart at a Map of Australia then do the research on that area if it meets your requirements then keep on researching if not then move on to a new area to start all over again. Or are you buying reports ( Residex, Terry Ryder etc) then doing the research on an area after purchasing. It would be nice to find an area instead of hearing a suburb and then buying. Australia is a huge place and it is overwhelming
Thanks for any help
LorraineHi Lorriane
i don't know i can help a lot..still..thought of sharing with you what i did
It was so confusing when i tried to pick a suburb, especialy when i hear peple say that we need to familiar with the subrb in such a way that we know each street by heart. so i thought it is easier to pick a subsurb some where close to I live so that at least i have some familiaritty with the suburb. Then i picked the Australian Property Invester magazine and checked the last 10 yr average capital growth on mediumum prize. Since i was looking for atleast 7-8 % growth,that helpedme to narrow down my selection to a couple of suburbs which matched. Then i researched those ones in depth, based on some criterias and finaly was able to focuss on two of them
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