Choosing the right location for your investment property doesn’t have to be complicated. Here are Marissa’s top tips:
Rise High Investor Weekly Video #37 Choosing the right location
Focus on Capital Cities and Metro Areas
Stick to capital cities or metro areas where tenant demand is higher, and diverse industries provide stable employment opportunities.
Look for Key Amenities and Growth
Choose properties close to schools, shops, transport, and jobs. Areas with growing populations or changing demographics are strong indicators of future demand and price growth.
Prioritize Affordability
Invest in suburbs below the city’s median house price to attract a larger pool of tenants. Suburbs with lower prices than their neighbors often catch up and experience strong growth.
Follow Infrastructure Spending
Look for areas with planned public or private infrastructure projects like new roads, schools, or commercial developments—these often boost property values.
Keep It Simple
Don’t overthink it. Most locations grow similarly over time if you hold your property long enough. Focus on affordability, tenant demand, and growth potential, then take action.
The best location is one that fits your budget and aligns with your goals. Don’t let indecision hold you back—just get started! Happy investing!