How do you know if a particular market is in strong demand?
The following tips from RealRenta could be indicators of where demand exceeds supply:
· Properties are on the market for a shorter amount
of time compared to other markets
· Little change in asking price (buyers are
competing for properties)
· High auction clearance rates
· Properties are advertised with ‘open inspection”
rather than private appointment
· Limited available properties
Research market data and statistics for the area you are
interested in.
In particular, consider the following market trends:
· Demand to supply ratio (DSR)
· Vacancy rates
· Days on Market (DOM)
· Ripple effect potential
· Rental yield
· Auction clearance rates
At RealRenta, we
make it our business to work with Australia’s premier property developers and,
in doing so, are able to help you identify, understand and assess the potential
capital growth, rental return and tax benefits of your next investment.
We’re focused on getting you
priority access to developments in Australia’s fastest-growing suburbs.
We currently have an extensive
selection of new projects, house & land packages, townhouses,developer
specials, one off price reductions and rebated stock.
Speak with us today for the
latest offerings.
If you are looking to invest in
property, or have clients looking to invest in property,
We can help find great returns
and growth across Australia, contact us for a chat today: propertysales@realrenta.com
Need a property loan?
Contact propertyloans@realrenta.com
Marlene Liontis
Friday, 18 October 2019
