Property cold spots: the areas investors should avoid
These areas may look alluring to property investors but are high risk or have already passed their prime buying opportunity.
Mining towns such as Kalgoorlie (pictured) can offer attractive rental yields but property price movements can be volatile. (Image source: Hans Wismeijer/Shutterstock.com)
Much of the analysis of residential property focuses on which locations are poised to perform well.
And that’s what prospective investors ask us every day – where will values increase the most? What locations have the best yields? Where can I secure a property with positive cash flow?
All are important questions and there are plenty of locations that meet those criteria, but equally as important is a question very few investors ask – where shou…
