While a lot
of people suggest population growth is a key driver of demand for property, it
is important to look at the supply side of the equation.
We like to
invest in areas with a limited new supply of land or dwellings.
That’s why
we like to invest in the inner and middle-ring suburbs of capital cities.
These areas
benefit from high demand and limited property supply which leads to capital
growth and rental growth.
In
contrast, outer suburbs generally have an unlimited supply of land and new
houses, which is the enemy of capital growth.
RealRenta has all the tools that a property manager hasbut for
less than ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a week to manage your
rental property.
RealRenta also has a free vision, so why not check it out.
Jason Gwerder
Thursday, 9 November 2023