On Property Podcast
The Problems With Suburb Hotspot Lists
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:08:16
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Synopsis
ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Lists about suburb hotspots put out by magazines and websites tend to outperform the general market, however there are some problems with suburb hotspot lists that you need to be aware of. A lot of people love the property hotspots that the magazines and the websites put out there each and every year to say, "Here are the hotspots for 2016 that you should invest in." "Here is a list of areas most likely to grow." But there are some problems with these suburb hotspot list that I wanted to talk about and make you aware of. The first problem is that you can only actually invest in one suburb. And so, while this list tend to outperform the general market in Australia, there are going to be suburbs in this list that will under-perform and there'll be some suburbs that will extremely over-perform to make up for the under-performing suburbs. So the problem is, as an investor, you can only invest in one property