While we all know that property prices have risen steadily in Australia for many decades, there is a big difference between the top-performing properties and those that have struggled.
While the suburb and area are important factors in property selection, many investors fail to identify some of the red flags that might weigh on a property’s potential for growth.
These are some of the most common red flags to look out for:
It is always best to do your own due diligence on a property before making an offer. Or, at the very least, include in your offer some key clauses that protect you.
Our in-house Mortgage Broker can help you work out the best loan to finance your investment property. Get in touch to start a conversation.