podcast

Number one mistake investors make when looking for a hotspot

Number one mistake investors make when looking for a hotspot

Cameron Kusher, Senior Research Analyst, RP Data

{{youtube id="-3c4ZIK6-NE?list=PLZWLiY_OqG3NVFkLd9O_jexF9TKb0NWXd"}}

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 78: How house-sitting is helping this young couple achieve their investment goals
Episode 77: How will the government's changes to tax depreciation impact investors?
Episode 76: SPI portfolio update: what's next for the team?
Episode 75: How travelling cross-country helped this investor buy 9 properties in 6 years
Episode 74: How this investor plans to double his portfolio within 10 years
Episode 73: Bad builders: how this investor bounced back
Episode 72: Policy changes to interest-only loans: what buyers need to know
Episode 71: How this 'stubborn' investor recognised a property lemon
Episode 70: How this investor complements each property and balances his portfolio
Episode 69: Are you a ‘lazy’ investor? Consider the benefits to working with a financial team
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
PAMBULA 42%
2.
MILSONS POINT 41.26%
3.
SPEERS POINT 39.69%
4.
SPRINGWOOD 37.72%
5.
ILUKA 36.3%