This Hidden Gem Has Great Potential For Property Investors!
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- Опубліковано 21 жов 2024
- Albany is rapidly emerging as a thriving property market, with homes under $500,000 becoming increasingly scarce. Although it’s not yet experiencing the same intense demand as Townsville, Albany’s unique qualities are attracting growing interest. As more people recognize its long and short term potential, investor activity is expected to rise, driving up demand and prices. Savvy buyers who act quickly can still find value, but opportunities at the lower end of the market are becoming harder to secure.
Let me know if you think differently in the comments below :)
Who Does This Location Suit:
Investors who are looking for instant equity.
Investors who are happy to invest in smaller regional locations (sub 40,000 population).
Investors who are happy to miss out on 30% of the initial growth.
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Disclaimer:
This information is general in nature and does not take into account your personal financial circumstances. It is for educational purposes only, and does not constitute any professional advice. You should always do your own research and seek to formulate your own opinions.
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Where can we find free data on median income for suburbs besides ABS? ABS info is a few years old
You can use picki.com or paid resources such as suburbs finder/htag. Hopefully that helps 😀
Hey mate, excellent video, but do you not think that Albany has a very small population? Would it be good for a person's first investment?
Thank you! Albany does have a small population and can be a riskier investment location. It would be ideal for someone on the 2nd or 3rd investment property. However if it suits your risk appetite you can go there but it is important to assess its economic stability every 12 months. Hope that helps :)
Great video, thanks for in depth look! My budget is 500k, running out of quality places to invest. Would Albany be your number one area?
Hey Thank You!, but to answer your question, No. There is also no such thing as a "number one area", each location and property will suit a different people based on their risk profile & strategy :)
@Under450kau very true. I've joined your private discord but seem to be having trouble linking my discord to whop for the private community?
Hey Bronte, thank you for joining that is awesome! I have sent a you email hopefully you receive it. Otherwise you can email me at nxtproperti@gmail.com so I can assist you further.