The article published on RealEstate this week identifies the 'worst suburbs for property investors' according to areas that have seen minimal growth in recent years - https://www.realestate.com.au/news/revealed-worst-suburbs-for-property-investors/
See the suburb capital growth report we have run below for 6 suburbs identified in the article (3 in Sydney, 3 in Melbourne) - Essendon North, Rosehill, Parramatta, Travancore, Harris Park, Abbotsford. In the case of Essendon North, Travancore, and Abbotsford, prices have gone backwards in the last 4 years.
Although the suburbs listed in the article have seen very minimal growth in recent years (and sometimes negative growth), the article's premise is that investors should not invest in these suburbs because they have seen minimal growth - this can be quite misleading, as suburbs with solid fundamentals that have stagnated in recent years could actually be excellent opportunities for property investors to find great value and buy below market and generate immediate equity.
Ensure you consider all factors when investing in real estate, and utilise solid data and facts to drive your decisions.
Get access to PropertyDirector's Professional plan today by subscribing now for $49 per month to get access to high quality data and tools to cut through the noise and find great suburbs to invest - https://www.propertydirector.com.au/choose-plan.
