There are many factors at play when looking for an investment property, but did you know there’s actually a science behind selecting assets?
Yep, that’s right folks! This science is called: The Buyers Decision Quadrant!
It’s made up of…
- Price
- Location
- Land proportion
- Quality of Dwelling
We’ll explain what each one means, and while the concept is quite simple, the real achievement is understanding which part of the quadrant you are willing to compromise on and which is non-negotiable.
We’re also looking at some great case studies and comparing 1970s and 1990s apartments, and which one has fared better over time!
Folks, it is rare for an investment property to tick all the boxes, and most of the time, you will need to journey through the Buyer's Decision Quadrant to make the right decision for you!
So keep this episode on repeat 'cause we think this one will help with making those hard decisions again and again!
Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here.
Our details for nomination:
Name of the Organisation: The Property Couch
Name of the Person you deal with: Bryce Holdaway and Ben Kingsley
Suburb: North Melbourne
State: VIC
Phone number: 03 9326 8900
Email address: info@thepropertycouch.com.au
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