Regional v metropolitan: What goes into choosing where to invest?
When deciding where to invest, the first choice is one of the most significant: do you buy in a regional hotspot or metropolitan market?
In this episode of The Smart Property Investment Show, host Phil Tarrant sits down with Jack Henderson, director of Henderson Advocacy, to dig into how past performance and data can help investors with this all-important question.
Jack discusses the crucial metrics to keep an eye on – what percentage of the area is owner-occupier, how are median salaries tracking, and what was the average house price 30 years ago? – and why you also need a healthy amount of scepticism when it comes to data.
The duo also look at one of the biggest traps that investors can fall into, and it has to do with speed and expectations.
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