What does a good location mean?

The Myth; I want to buy a property close to where i live. Smart investors know that closeness of a property to them is worthless but closeness of a property to infrastructural development is priceless that is what truly determines the value of your property. Investing is a choice many people make at one point or the other, in the hope of bringing wealth to their lives. Whilst there are many investment alternatives such as stocks, bonds and cash, property investment still remains one of the tried and tested investment options that have shown consistency over time. A well chosen property is likely to deliver greater return in the future; not only in the form of capital growth but also in the form of rental returns. In order to maximise investment return, here are some key considerations to make The Right Location Location is integral to acquiring a good investment property. If the location is chosen correctly, the chance of gaining higher returns from your investment is far greater than if the location is not desirable and suitable. Factors to consider are: Close proximity to certain amenities: The following increases the desirability and value of a location and property; Schools Public transportation Public facilities (post office, libraries, parks, medical centres, etc.) Shops and markets Lifestyle activities (restaurants, café strips, beach, etc.) Therefore, it is important to consider proximity to these when buying your investment property. Some of the best places to buy are those experiencing population growth. As population grows, infrastructure improves and the desirability of an area increases. Living within close proximity to a major city is always highly sought after. Look for an emerging suburbs which may have strong growth potential and invest in it. If you are thinking to invest, then contact us.