The following are the Micro indicators which tell us what to invest in and look at a region’s amenities, access to transportation design, quality and rental income. Research based on our top 10 key macro & micro indicators will assist you with the decision that’s best for you as we consider and analyse the factors below and match them to your investment property plan.
The better the amenities are, the more attractive an area becomes for people wanting to rent. Look for good employment, schools, shopping centres, medical facilities, sporting facilities and a café lifestyle.
Transport is a very important consideration. Look for a combination of good public transport. Does it service the area well, especially in the exact areas you're looking to invest in?
Rental yields are determined by the supply and demand of property. When investing, what's important is finding the balance between your rental income and cash flow. If there is an oversupply of rental properties, your rental income will reduce. This affects affordability and holding costs for investors.
Look at the price of the property relative to similar properties in the same area. This will give you an idea of the real value of the property. Also consider the likely resale value by looking at the properties that are currently being sold in the area.
Take a good look at the design of the house. Is it practical? Will people want to live in it? Does it have good natural light? What aspect does it face? What is the internal size of the property? This could affect its future resale.
Projected Capital Growth
When you look at macro and micro indicators to help you decide where to invest, you give yourself a strong opportunity to see long-term growth with your property - and can therefore project its capital growth.
Obviously, there are many other macro and micro indicators that you could consider for property investment but with our years of practical experience, these are the top 10 we consider most important. Are you ready to invest or expand your portfolio? Investo Property will share our knowledge and expertise with you to change your life… for the better.