Investing wisely in ‘dicey’ suburbs

18 NOV 2019 By Tasha Levy 8 min read Investor Strategy

First-time investors often fall into the trap of purchasing property in familiar areas that are unlikely to provide them with high returns. Sarah Kendell shares how going against this trend has set her on the right path with her portfolio.

Sarah Kendell web

Ten years ago, at age 22, the finance journalist bought her first property in what was then considered an undesirable Sydney suburb, but showed potential for gentrification and market rise.

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On this episode of The Smart Property Investment Show, Sarah joins host Alex Whitlock to explain her decision-making process on location and property type, how this investment provided a solid yield over the decade she owned it, and her revised strategy for acquiring her second property.

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AREAS MENTIONED

Redfern
Southbank
Newport
Hornsby
Strathfield
Parramatta
Auburn

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