How To Select The Right Market | Part 1 | Property Investing
Welcome to part 1 of our 4 part series on how to select the right market, suburb and property.
A few years ago I read two pieces of information that changed the way I will invest for the rest of my life. 1. Australia's metro markets have outperformed its regional markets by over 85% in the last 20 years, according to Core Logic.
2. Property prices in Sydney, Melbourne, Brisbane and Perth all grew by an average amount of 9% per annum between 1976 and 2016, according to Homely.
As soon as I read this information I decide to only invest in metro and major regional markets moving forward and to stick to the biggest capital cities.
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