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30 (Part 2) | What is Gentrification and Signs to look out for - Chat with Peter Koulizos

The Property Couch

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Is It Finite for Gentrification?

I haven't found a suburb that is predominantly post-war housing that is or has gentrified. I think the overarching principles here are consistent with the principles that we've been talking about, Banners. It's largely about location doing 80% of the heavy lifting and understanding. We always talk about being a price taker, not a price maker. If you can afford to get into a blue chip suburb like Turak, like Bondi, like Mossman, like Burnside and Adelaide, good luck to you. The reality is you probably might be able to buy a detached house, but that's okay. You buy a unit. A small property in a good location is much better

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