Follow the 6 Stranded Strategic
Approach
· That would appeal to owner-occupiers. Not that I
suggest you sell the property, but because owner-occupiers will buy similar
properties pushing up local real estate values. This will be particularly
important as the cycle moves on, as the percentage of investors in the market
is likely to diminish.
· Below intrinsic value — that’s why
I’d avoid new and off-the-plan properties which come at a premium price.
· With a high land-to-asset ratio — this doesn’t
necessarily mean a large block of land, but a property where the land component
makes up a significant part of the asset value.
·In an area that has a long history of strong capital growth and that will continue
to outperform the averages because of the demographics in the area. These
suburbs tend to be areas where more owner-occupiers want to live because of
lifestyle choices and where the locals can afford to and will be prepared to
pay a premium to live because they have higher disposable incomes.
· With a twist — something
unique, different or scarce about the property, and finally;
· Where you can manufacture capital growth through renovations or redevelopment rather than waiting for the market to do the heavy
lifting.
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Jason Gwerder
Wednesday, 31 May 2023
