How does a current real estate market look like?

[mattio]

I was wondering what kind of properties is good to invest in right now in Australia according to a current real estate market. Any suggestions, guys?

 

[JhaiMitchell]

Depends on your goals and what you’re interested in?

 

[mattio]

I am mostly interested in 2-3 bedroom houses (around 500k each),but I am not sure what area would be the best for this type of property. What would you recommend?

 

[comdevsmith]

Depends on your goals and what you’re interested in?

I am totally agree with you.:willy:

 

[investproperty1]

Most investment grade property is located in large Australian cities, particularly Sydney, Melbourne, Perth and Brisbane. For apartment investors, the best locations are usually in suburbs 4 – 8 km from the CBD. For stand alone houses, the best locations tend to be a little further out, around 6 -12 km from the centre.

It’s wise to target a location within walking distance of a village-style shopping strip and close to public transport, parks, schools and entertainment areas.

---- Peter