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Property investing's X-factors can be game changers

Everyone knows the phrase location, location, location when it comes to real estate investment but there are some other variables that can prove to be real X-factors in achieving investment success.

The interior of the Melbourne School of Design at the University of Melbourne, featuring a floor-to-ceiling geometric wooden structure.
Proximity to educational facilities, such as the University of Melbourne's School of Design in Parkville, is a potential magnet for property investors. (Image source: Shutterstock.com)

One of the most important numbers property investors need to consider when deciding where to buy, actually has nothing to do with the property market – it's the unemployment figures.

Jobs are important to the overall health of our economy; people need a job to get an income and an income to live. They also play a vital role in demand for land and housing.

The unemployment rate in Australia is lower now than it has been since 1976. Obviously, th…

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