VIC Investment Grade Suburbs

Discussion in 'Where to Buy' started by varun80, 25th Nov, 2019.

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  1. varun80

    varun80 Active Member

    Joined:
    13th Aug, 2019
    Posts:
    33
    Location:
    Melbourne
    Hi Experts

    I'm looking to buy an investment property for upto 720k. Can someone please guide what the investment grade suburbs are with an ok yield but great capital growth? Also don't want apartments unless there is a proven history of apartments having strong growth in those suburbs and within my price range.
     
  2. Sackie

    Sackie Well-known cafe bum of the East Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    22,660
    Location:
    Vaucluse, Sydney.
    There are many variables and factors which come into play, I could write a 20 page essay on this topic.

    Some broad things which I look at are,:

    1. Cycle of the city your investing
    2. Value suburbs/ripple suburbs
    3. Dominant dwelling type of the area investigator
    4. Demographic targeted
    5. Renters to owner occupiers percentage
    6. Supply and demand of the suburb and land available.
    7. Stock on the market percentage change
    8. Vacancy rates
    9. Rental yields
    10. Capital growth history


    To name a few.