The latest residential property reports are in!
Westpac regularly engages national valuation firm Herron Todd White to prepare reports detailing the current position of each states residential property market. Their latest report provides good information for new home buyers and investors in South Australia.
Irrespective of whether you are a first home buyer or an investor, the purchase of any property should be part of your wealth creation plan. Whilst it is generally accepted that overt time most properties, particularly those in metropolitan areas, will increase in value, buying in the “right” areas will assist in increasing the value of your property(ies) compared to other areas. Therefore understanding the fundamentals of where to buy is vital to maximising your investment.
The Herron Todd White report provides some useful insights as to what areas they believe you can buy a property at a reasonable price that will provide good potential for growth.
To read the report click here.