What's stopping your property from going up in value?
podcast

What's stopping your property from going up in value?

Damian Collins, What's stopping your property from going up in value?

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Supply and demand are absolutely crucial when you're buying an investment property and too many people focus on the demand side and forget about the supply. So often you find property marketers will tell you to particularly go to locations such as the Gold Coast for example. They'll say "There's great demand, lots of people moving here. It's the fastest growing city" and so on and so on. But what they forget to mention is the supply component of it and if there's lots of land available for release. And if you're buying an apartment in an area where there's lots of potential supply, for example in Melbourne at the moment. In 2014, Southland and Docklands have a lot of supply come around to the market so even if that demand's really good, supply can really inhibit price growth. So I'm very much of the opinion that when we're buying property and what we do, we look for those demand factors but if there's potentially a lot of supply it just rules it out as being a good investment area.

Listen to other instalments of The Smart Property Investment Show:
Episode 104: New podcast: Q&A session with Paul Glossop – more questions answered!
Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
Episode 102: Investor reveals how to find the perfect property manager
Episode 101: From 12 to 100 properties – how this investor will achieve his goals
Episode 100: Property investor talks research, teamwork and balance in his portfolio
Episode 99: Portfolio update: SPI opens its books to reveal all the nitty-gritty details
Episode 98: Buyer's agent forecasts what’s to come for Aussie property market
Episode 97: ‘How we achieved financial security through property’ – the Property Twins reveal all
Episode 96: Tips for tackling pest and building inspections head-on
Episode 95: The top 10 things every investor should check before buying a property
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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BERKELEY VALE 46.03%
2.
EDGECLIFF 45.06%
3.
PAMBULA 43%
4.
EAST LISMORE 41.38%
5.
SOLDIERS POINT 37.89%
What's stopping your property from going up in value?
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