Your Property Portfolio – Where to Invest… Local Or Interstate
NEW RESEARCH HAS REVEALED that most property investors buy properties within the suburb that they live in. This data was analysed from 1,150,000 mortgage applications and showed that two-thirds of investors are buying local properties.
However, if you take a moment to think about smart investing, minimising risk and increasing the potential of short and long-term capital growth, it can often be achieved outside of your local area or even interstate.