Yesterday we had a look at the first BIG mistake I learned from “Buying in the Wrong City”
The second mistake is buying in the wrong suburb.
Once you’ve worked out which city is in the correct stage of the price cycle, the next step is to look at the suburb. If the city is the macro level, the suburb is the micro level. Different suburbs have different chances of success. You need to look at infrastructure at the micro, suburban level. Two things to look at are job creation infrastructure and amenities.
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Stay tuned for the next installment in my blog series. The 6 Big Mistakes When Buying a Property!
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