Some numbers speak volumes for property investors
Data can be a goldmine for investors, but with so many different market measures available, it can sometimes feel like navigating a minefield. Custodian managing director James Fitzgerald tells us which numbers every investor should be watching.
James Fitzgerald says while some statistics are exceedingly useful for investors, others can be misleading. Photo: Leah Desborough (Image source: Shutterstock.com)
‘There’s only truth in numbers’ was one of the golden rules of real estate investing that I was taught as a novice dipping my tentative toe into the market more than a decade ago.
Careful scrutiny of the numbers surrounding a specific property, the wider suburb and the local government area will provide a solid indication of future capital growth and minimise the risks associated with investing.
It seems straightforward but here’s the rub: it d…
