Australia’s properties in suburbs aren’t showing positive cash flow, know why?
As per the latest reports, there are no suburbs in the capital cities of Australia like Sydney, Melbourne, and Canberra where an investor can expect the positive cash flow, after buying homes in these areas.
Yes, properties with positive cash flow can be a great investment. As these kinds of properties are potent enough to generate passive incomes and help you in achieving the true financial freedom.
The areas near the capital cities of Australia aren’t giving the positive cash flow. One has to move away from these areas to get the decent cash flow on investing money in buying homes. Planning to buy investment property in these suburbs is not a good idea. People should look to move away from these cities to buy an investment property with potential cash flow.
Lake Munmorah near Sydney and Victoria near Melbourne are the much better places for investors to buy an investment property for positive cash flow.
As per the report, the property valuer Brisbane revealed that – “August is found to be the eleventh consecutive month when dwelling values are falling rapidly”. Where Brisbane and Melbourne are considered as the best housing market the house values in these cities have also fallen down.
Now investors are facing falling dwelling values, higher interest rates, tighter lending rules. The property valuer Brisbane has revealed that – It’s fine if you are getting 10 percent capital growth year in, year out. The expert valuers suggest – “Buy a property which gives the best of both world i.e Cash flow and capital growth both.”
Australia’s capital cities have some suburbs where rental returns are high. These suburbs are Karama in Darwin and some suburbs of Hobart where cash flow is positive.
The property valuers said – “While choosing an investment option apart from cash flow one has to look at so many things like proximity to a school, hospitals, office etc. neighbourhood, ideal locality are the major factors that should be considered while buying a property.”
The property should yield good rental value, low vacancy rate, and growing neighbourhood development makes the property capable to generate positive cash flow. Though it’s not common to have a property with high cash flow and high capital growth both at the same time. But it’s not impossible to find the one. The real truth is real estate agents won’t put a spotlight on these properties. But they truly exist.
While buying or selling any property you can hire property valuer Brisbane for the opinion. They suggest you invest in the property which gives you good returns.
Hire the property valuer who knows every ins and outs of the property market. Their trends, conditions, and evaluate the property value by keeping all the influencing factors in considerations.
Feel free to contact us we have experienced and expert property valuers team to guide you. Whether you want to buy, sell or put the property on rent our experts have expertise on all. Our team is always happy to assist you.