Mortgage Choice’s 2014 First Time Investor Survey;
- 50.6% of investors who purchased their first investment property within the last two years said finding the right property was the hardest part of investing.
- 15.3% said “saving a deposit” was their biggest challenge.
- 15.5% said “choosing the right investment strategy” was the toughest aspect.”
For investors, it seems location is everything.
A property that is located in a good suburb and near the necessary amenities including cafes, restaurants and local transport, is likely to attract more tenants, which can help to increase the rental income generated by the property.
To find out more - contact us at Suite 2, 10-12 High St Wodonga or call 02 6056 4433.