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  • Darlinghurst Suburb Guide | Real Estate Blog – Niche Portfolio
    Wednesday, October 15, 2014
    Highlights of Darlinghurst Darlinghurst is an inner city suburb of Sydney.  Close to Sydney’s Central Business District, it is one of the m...
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  • Paddington Suburb Guide | Real Estate Blog – Niche Portfolio
    Thursday, September 25, 2014
    Paddington, Sydney living: the highlights  The sought-after suburb of Paddington, nicknamed “Paddo”, is located a mere 3km from the S...
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  • Bondi Beach Guide | Real Estate Blog – Niche Portfolio
    Wednesday, July 02, 2014
    Highlights of Sydney’s Bondi Beach Sydney’s Bondi Beach is located on Sydney’s Eastern Suburbs and it’s the most famous beach ...
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  • Top 5 renovation tips that will increase the value of your property | Real Estate Blog – Niche Portfolio
    Thursday, June 12, 2014
    The competitive Australian property market can seem like a jungle - everyone is looking for the best way to add value to their home without breaking t...
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  • DIY tips to prepare your house for sale | Real Estate Blog – Niche Portfolio
    Monday, June 02, 2014
    Do you want your home to stand out from your competitors?  If you are serious about putting up your home for sale, it is vitally important that y...
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  • Rental home hunting? Follow these 5 simple tips for a smooth transition | Real Estate Blog – Niche Portfolio
    Wednesday, May 14, 2014
    The rental property market is highly competitive at the moment, especially as more and more people are choosing to rent rather than to buy.  Look...
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  • Escape into your own private oasis | Real Estate Blog – Niche Portfolio
    Wednesday, April 30, 2014
    With all the chaos of our modern world, we all need a private haven to escape to. Nature has provided us with one of the most decadent luxuries the hu...
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  • Property prices on the rise with Sydney’s property boom | Real Estate Blog – Niche Portfolio
    Monday, March 17, 2014
    With interest rates at a record low, and high demand for limited housing stock, Sydney’s property market is set to see an increase in property d...
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  • Top Tips for Buying a Rental Property | Real Estate Blog – Niche Portfolio
    Friday, February 28, 2014
    Buying a rental property can be a very financially rewarding decision. However there’s no denying that it involves a lot of research beforehand....
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  • Sydney property and property investment news | Real Estate Blog – Niche Portfolio
    Monday, January 20, 2014
    The increase is the biggest jump seen since late August 2010, and follows a series of country-wide falls in property values in the two preceding years...
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How to Recognise Top Property for Investment | Real Estate Blog – Niche Portfolio

Sunday, December 22, 2013

Investing in property can be a rewarding way to increase your wealth and secure your financial future. However, there are notable risks involved so the more research you do, the better chance your real estate portfolio has of growing and flourishing in the years to come. 

First and foremost, research the surrounding area of your potential investment property. It’s a good idea to look at a map of the region you’re considering and identify the closest CBD. Do some research of the median sale prices and rental yields on comparable properties of the suburbs within a 15km radius; the second and third quartile for prices are advisable to stick to for affordability of future tenants. Furthermore, middle range value housing is more likely to increase in value, compared to housing on the more expensive end of the spectrum which is unlikely to gain much on its worth. 

It’s also worthwhile to research the demographic of the area, especially population numbers, growth and density. Is the property within close proximity to a university or business hub? Is it nearby schools and shopping centres? Is the area well established and likely to appeal to good quality tenants? Does it have a reputable public transport system nearby or is the property close to a main arterial road network? Also check the local government website for planned developments in the suburb. If there are new developments such as shopping centres planned for the area, the property values are highly likely to increase. All these factors are crucial in choosing the perfect investment property for your situation and your future tenants.

Properties with a twist, something unique, special, different or scarce can yield very positive returns on investment due to being sought after for that unique trait. It’s also not a bad idea to invest in a property in which you can manufacture the capital growth through refurbishments, renovations or redevelopment; assuming that this is financially viable for you of course.

The property market can sometimes be unpredictable. Setting aside a reserve rather than opting to use your full borrowing power and purchasing the most expensive property you are able to afford is a good idea. This prepares you for down times in the property cycle or unforeseeable expenses. You should also be aware of any taxes involved with property investment, including Stamp Duty, Capital Gains Tax and Land Tax, and make certain that you will be able to manage your affairs and maintain your mortgage repayments in the long term. 

Research, preparation and ‘doing the math’ are the best things you can do to be successful in property investment. As long as you manage your investments effectively and treat your property investments like a business, you’ll be growing an impressive real estate portfolio in no time.