I've subscribed to Hybrids hotspot reports and am starting to see some really interesting data around the growth of rents. It's not something I've really taken into account before, but like capital growth, some areas have historically had good growth and others have not.
I probably shouldn't mention specifics from the reports here, but it's been fascinating to find some suburbs that typically give higher yields (considered good investment locations) have had very little rental growth over a 10 year period.
Now like capital growth I guess rental growth should be considered a bonus and not be expected. However it seems to me that buying into areas that have a proven track record (even if the initial yield is a bit lower than I would normally want from other areas) makes good safe investing sense.
Any thoughts?
Gerrard
I probably shouldn't mention specifics from the reports here, but it's been fascinating to find some suburbs that typically give higher yields (considered good investment locations) have had very little rental growth over a 10 year period.
Now like capital growth I guess rental growth should be considered a bonus and not be expected. However it seems to me that buying into areas that have a proven track record (even if the initial yield is a bit lower than I would normally want from other areas) makes good safe investing sense.
Any thoughts?
Gerrard
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