OzFree Online Real Estate

One way to make money on property investment is through renting your property out, however how do we know if a property is a good investment or not? There’s a lot factor involved to consider when it comes to that matter but let the title speak for the content of this article.

Where to invest? Without question location is one of the important factors in determining a good investment property. It must be a suitable location to what type of investment property you’re after, if it’s a housing rental it’s better to look for property located in the main street wherein a certain business is nearby that could give you a high percentage of tenants in your property.

Housing hotspot specialist Terry Ryder list the top 13 places to avoid when buying an Investment Property in Australia for some reason like high crime rates and aircraft noise, flood-prone, mix of defence-induced inflated property and social problems and a low rental returns.

* Bankstown, western Sydney, NSW
* Blacktown, western Sydney, NSW
* Darwin, northern suburbs, NT
* Dinmore, Brisbane, Qld
* Esperance, southeast, WA
* Giru, north Qld
* Kalgoorlie, outback WA
* Katherine, outback NT
* Lyndhurst, Melbourne, Vic
* Mount Isa, western Qld
* Parramatta, western Sydney, NSW
* Shepparton, northern Vic
* Sunshine Coast, Qld

To maximize your profits avoid those place included in the list for now, always make sure determining the location is included in your real estate investment strategy.

Australia’s worst places to buy | NEWS.com.au

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This entry was posted on Sunday, August 31st, 2008 at 9:31 pm and is filed under Real Estate Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.