Call us Australia +61 41133 4499 | +61 2 92999333 | Singapore +65 8338 9933 info@aussiepropertyguru.com
Looking For A Good Rental Investment? Try Near Supermarkets

Looking For A Good Rental Investment? Try Near Supermarkets


Are you looking for an investment property?

Buying a property to rent out is a significant investment that will put extra cash into your pocket every month.

You might have narrowed down the suburb you’d like to invest in, but where exactly in this suburb should you invest? Studies say that properties in close proximity to budget supermarkets are in demand in the rental sector. Here’s why….

Time

Most people need to dedicate time out of their busy daily schedules for regular trips to the supermarket. Whether they’re stocking their cupboards monthly or in need of a few odds and ends each week, they’ll visit a supermarket without fail.

People looking for rentals are more likely to choose a property near a budget supermarket than one that takes significant time to reach, as many Australians already battle lengthy commutes to and from work. Grocery shopping already takes time – from navigating the store to waiting in line – so most people don’t want to spend more than 20 minutes from start to finish. Therefore renting a property close to a supermarket would be a good investment.


Photo by Morgan Von Gunten on Unsplash

Convenience

Students, single professionals, pensioners and even parents with young children appreciate the convenience of being able to get what they need from a store when they need it. This makes a rental property close to a store appealing to a variety of possible markets – unlike schools (which only appeal to parents) and nightlife (which only appeals to students and singles). A supermarket’s ability to stock everything from diapers to cigarettes to milk makes it a good common denominator.

No Car? No Problem

If given the option, most people would prefer not to drive unnecessarily.

If your investment property only offers single car parking or off-street parking, residents will prefer to visit places in walking distance rather than risk losing a coveted parking spot.

The walk could even be used as an opportunity to walk the dog or get some exercise, killing two birds with one stone.

Having a supermarket down the road with everything a tenant needs is a massive boost to the popularity and value of your property.

If you are looking to invest in rentals, the first places you should look at should be near budget supermarkets.

For more advice on investing in property in Australia, contact Wise Guru today.

Learn From The Habits Of Successful Property Investors

Learn From The Habits Of Successful Property Investors


The fact that property is an unpredictable market to invest in is nothing new. How then do property investors take calculated risks that yield success? Is it all just a guessing game? While there are formulae to calculate a possible outcome at any given moment, property investment projections are far more complicated than that. There are so many elements to factor in when weighing the implications of an investment that there usually isn’t a single, universally correct answer. We’ve compiled a few distinct behaviours exhibited by successful property investors to guide you in the right direction.

1. Honesty Is The Best Policy With Tenants

As a property investor, you’ll probably need to attract tenants and maintain a healthy business relationship with them. How do you do this? Property investment isn’t a highly regulated industry, but you could opt to always be honest instead of taking advantage of this. It will help you develop a positive reputation, marketing you as a trustworthy landlord to future tenants.

2. Always Find The Best Possible Loan Deal

When sourcing a property loan, it’s imperative that you make comparisons first. Don’t just jump in on the first deal you’re offered. There’s always someone willing to offer a better deal. Loan amount and interest aren’t the only important factors – check for benefits and added extras as well.

3. Pay Attention To Who’s In The Area

Before you decide on an area to invest in, do a little research on the businesses that the area attracts. Large fast food and supermarket franchises only set up shop where they believe they’ll have a steady stream of local customers. What does this mean for you? A revolving door of potential tenants, that’s what.

4. Plan Ahead – Use Your Head And Not Your Heart

The most important habit of successful property investors is planning in advance and in detail. With an investment as huge as property, you can’t afford to act on a hunch. You need to punch in the numbers, allocate funds and make provisions should the market move in an unanticipated direction. This helps mitigate your risk effectively, protecting your pocket in the long run.

If you’re keen on learning how to apply these habits or anything else related to making a property investment, contact Aussie Property Guru to chat to an expert today.

Why You Should Invest In Brisbane’s Property Market

Why You Should Invest In Brisbane’s Property Market

To many it might feel like the Sydney property market is difficult to penetrate in terms of property investments. Seeing as most suburbs within 50km of the city’s central business district have a median house price higher than $500 000, this sentiment is understandable. However, if you still want to reap the benefits of investing in Australia’s profitable property investment market, there are some great options, and today we’ll be looking at one of the best: Brisbane.

 

Why Brisbane

Recent projections show that the Brisbane property market is well on its way to showing some great growth opportunities for property investors. Paired with the fact that the amount of council areas in Greater Brisbane like Logan, Ipswitch and Moreton Bay have a large amount of suburbs with very affordable median house prices, means that it can give a great return for investors.

 

Invest closer to the CBD

If you feel that you want to invest in property that’s closer to a large CBD, you should consider Brisbane. One of the city suburbs, Bracken Ridge, has a median house price of $495 000, and is less than 20 kilometres from the city’s central business district. Better still, the suburb was also a beneficiary of the state-funded transport upgrade, which has helped to reduce commuting times.

 

Interstate migration

Due to the price discrepancies between cities like Sydney and Brisbane, we’ve been seeing a large amount of interstate migration, which makes sense. One of the strongest driving factors for people is affordability. When you combine Brisbane’s developed and affordable real estate offerings, it makes sense that more people are moving to this bustling city. This also means that if you are looking for a property to invest in that has tremendous potential, you should definitely keep your eyes on Brisbane.

 

We can help

If you are interested in investing in Brisbane’s growing property market, but not sure how to get started, we are just a click away. Contact us for more information about the investment opportunities available to you, and whether Brisbane will be the right fit for your property investment needs. Our team of investment specialists is ready and standing by to help you find the property that’s perfect for your investment objectives.

Next Capital City to Boom

Next Capital City to Boom

Investor Tips

Hi Everyone,

Just a brief note for the end of the week to share a couple of stories which resonate with me in relation to information we have been compiling over the course of 2013. “Brisbane will be the next Australian capital city to take off, according to a panel of property experts.” These two articles should be of interest to everyone who is looking to invest in the Australian property market as it relates to two of the most dynamic state capitals in the nation.

Kind Regards
Dr Andrew Unterweger

 


Next capital city to boom

by Vivienne Kelly | 15 November 2013

http://gallery.mailchimp.com/b5150547bc871ea4865df93c3/images/1.62.jpg

Brisbane will be the next Australian capital city to take off, according to a panel of property
experts.
Speaking at a recent Smart Property Investment roundtable, Propertyology’s Simon Pressley, Destiny Financial Solutions’ Margaret Lomas, property lecturer and author Peter Koulizos, Empower Wealth’s Ben Kingsley and ProSolution Private Client’s Stuart Wemyss all agreed Brisbane would be the best performer over the next two to four years.

Mr Pressley said it would be “Brisbane by a mile”. However, Mr Wemyss contended Sydney
would remain a top performer.
Ms Lomas, however, said even if Sydney continued its solid performance, investors would be
smart to look at Brisbane.

“If you’re considering today, you’ll get better growth in Brisbane,” she said. “A lot of this has
already happened in six months in Sydney. They’ll probably both perform equally, but the base
is lower in Brisbane.”
Mr Pressley said Sydney will continue to perform better than the Sydney average, but said he
wouldn’t invest in the New South Wales capital “because of affordability”. read more …

 


Sydney buyers losing power in marketplace

By Vivienne Kelly | Wednesday, 13 November 2013

http://gallery.mailchimp.com/b5150547bc871ea4865df93c3/images/2.61.jpg

Homebuyers and investors in Sydney are becoming disempowered and have less room to negotiate as the market heats up, according to a leading property analyst.

Speaking at a Multifocus Properties and Finance event last night in Sydney, RP Data’s national research director, Tim Lawless, said the Sydney market currently favours sellers rather than buyers.

According to Mr Lawless, it is taking an average of 44 days to sell a property across Australia’s capital cities, but the most recent data indicates this number is as low as 27 days in Sydney.

 “We’ve seen buyers become disempowered,” he said. “There is less negotiation in the marketplace.”

Mr Lawless said rental yields in Sydney were also being eroded due to the high capital gains the city is experiencing, combined with slow-moving rents. He said this trend is difficult to overcome in the current market because it’s less likely investors will be able to nab a bargain.

read more

More Articles

Lending- Australian Property Market – Capital Gains Tax – Election outcome – 11th June 2019

11Join us on the 24th May - LEARN HOW TO MAXIMIZE THE BENEFITS OF BEING AN EXPAT   June 11th, 2019  |  6:30pm   Seminar Description I would like to invite you to an exclusive boardroom workshop, Tuesday 11th June covering purchasing and financing property in...

Looking For A Good Rental Investment? Try Near Supermarkets

Are you looking for an investment property? Buying a property to rent out is a significant investment that will put extra cash into your pocket every month. You might have narrowed down the suburb you’d like to invest in, but...

Learn From The Habits Of Successful Property Investors

The fact that property is an unpredictable market to invest in is nothing new. How then do property investors take calculated risks that yield success? Is it all just a guessing game? While there are formulae to calculate a possible outcome at any given moment,...

15 common myths that are killing the wealth potential of the average Australian property investor

There are many myths and false beliefs that you may be feeding yourself, that may be hindering your progress as a property investor. We are here to debunk some of these myths and help you make progress in seeing the property investment industry for the...

Everything You Need To Know About Australia’s Property Market Cycles

Most markets in the world consistently go through periods of growth contraction, and the property market is no different. While some might feel that this constant shift means that getting the most out of their property investments will be difficult, it is the...

Why You Should Invest In Brisbane’s Property Market

To many it might feel like the Sydney property market is difficult to penetrate in terms of property investments. Seeing as most suburbs within 50km of the city’s central business district have a median house price higher than $500 000, this sentiment is...