We live in a world where success seems to no longer be measured by what we achieve but by how we achieve it, or how fast and that tends to give a lot of potential investors a very narrow view. Or perhaps it is simply a matter of instant gratification, looking at how well banks are doing that certainly seems to weigh heavy. And I admit, even though I tend to be consciously meticulous when it comes to positive cashflow property at my core I’m no different, if I want a tree in my yard I’d rather buy it, the thought of planting one and waiting 10 years to sit in its shade just doesn’t motivate me like it should. Investing is difficult, not because it is hard to understand or to quantify, but because it works against our nature. Profit is closely related to risk to the point where the better the deal sounds you can be certain the higher the risk is… and the appeal.
The most transparent avenue of investment
Real estate not only offers security and a net to fall back on even in the harshest times but it also offers one of the most transparent markets. There is no need of inside information, of constant monitoring or management funds to reassess our portfolio. We feel it’s fluctuation around us, in the very city. We see our market grow and evolve. We know its history, its present and we can reasonably estimate where it is heading. Dual income properties are a good example of low risk and high yield. Named after Perth, Scotland, it gained city status in 1856 and from there went on to establish itself as one of the fastest growing and most successful cities in Australia. It even came on the ninth spot in the “world’s most livable cities” of Economist Intelligence Units August list.
Perth is a city on the rise, constant development and high birth rates have it occupy the fourth spot in Australia right now with no signs of slowing down anytime soon. Constant flux of immigrants from both Europe and Asia, prominent service industry and a popular tourist attraction make it one of the go to destinations for residential investments. A city on the rise who could take its investors on a very profitable ride. Learning from the investment property at http://www.directpropertynetwork.com.au/ we can find other similar locations, we just need to keep in mind a few guidelines. A stable country; both economically and politically, a well-established city with excellent infrastructure; touristic potential; economic potential, constantly rising population and perhaps most importantly a strong culture.