podcast

Number one mistake investors make when looking for a hotspot

Number one mistake investors make when looking for a hotspot
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Cameron Kusher, Senior Research Analyst, RP Data

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The common mistake people make when looking for a hot spot is discovering the hotspot too late. The goal of a hotspot is to find a market that's going to see that capital growth earlier than it's actually showing that level of capital growth. So it's really understanding what's going on in that region, what's going to be driving the economy, what the housing supply situation is and what the future housing supply situation is and how that may or may not impact on house prices over the future.

Listen to other instalments of The Smart Property Investment Show:
Episode 60: The pros of using a buyer's agent: why this investor brought someone in
Episode 59: How to invest in property as a team: two investors share their secrets
Episode 58: When do you stop investing? The SPI Show answers more listener questions
Episode 57: Wealth creation through property: trends and themes to think about in 2017
Episode 56: The SPI Show accountant reveals all: How to pick your financial team
Episode 55: The reluctant property investor: How necessity drove an 18-property portfolio
Episode 54: The SPI Show Q&A: Listener questions answered honestly
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
Episode 51: SPECIAL EPISODE: SPI team reveals all the financial details of its portfolio
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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
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FAIRLIGHT 46.02%
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CASUARINA 44.36%
3.
THE ENTRANCE NORTH 41.09%
4.
ULTIMO 40.67%
5.
LAVENDER BAY 40.2%