How should an investment property buyer find the right property in this tight market?
To view: Perth Property Performance – Part 5
- If you are using realestate.com and turning up to properties with 100 other people, it is going to be difficult to buy
- Off-market is the key
- Plus thinking about what the seller wants, other than price.
- Make sure you do your due diligence – zoning, housing commission, easements and flood areas
- Overall there will be low stock for a long time, until it becomes lucrative for the builder to start building houses, which will eventually increase stock which will mean more supply.
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