Fact: 60% of property investors lose money and 12% of all Australian properties are resold for a loss. (Corelogic)
Without thorough independent research and unbiased local knowledge, property investors are at risk of their property dream becoming a nightmare. Most first time investors buy property in an area they know, and to be frank that’s probably the best way to get comfortable with owning an investment property. It doesn’t guarantee the best capital growth or yield but it does make first time investors feel better being able to see their investment. But once investors get comfortable with what property investment is all about, they start to understand what they are actually looking for, what they actually need in an investment property, and that is properties with high potential capital growth that have a low risk exposure, and those properties tend not to be the place next door or just around the corner from their house. We undertake intensive, rigorous research in potential high growth areas, areas that we know back to front, areas with a proven track record and projected capital growth. In fact, we guarantee our clients that the research we provide is the best, most up to date data available, that way our clients are making a decision based on verifiable financial data, not emotion. The Central Coast and Lower Hunter Valley are booming, increased infrastructure - facilities, schools, shops and restaurants all help fuel good potential returns. We work with savvy second time investors to secure properties in select areas where they own the residence and the land it sits on. While investing in a unit might look attractive, you don’t own the land and to quote Mark Twain “Buy land, they’re not making any more of it”. If you would like a complimentary copy of our book (Yes! An actual book) , visit www.wealththroughpropertybook.com.au. Oliver Myers Properties and Oliver Myers Real Estate are divisions of Viewpoint Properties ABN 28 000 753 542
