Home Truths: Why Not To Invest In Your Own Suburb
Unbiased information about investing in property is critical for people to understand what makes a good investment opportunity. It is unlikely that the best investment opportunity is simply another house in your street
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New research has revealed that most Australian property investors choose to buy a property in the suburb they live in. Data was analysed from 1,150,000 mortgage applications between 2003 and 2009 and showed that two-thirds of investors are backing their home ground.
This is astonishing given the performance of Australia’s property markets over the last five years, where the property investments offering the best growth potential are often …
