Victoria is a vibrant region with a fertile property market, which could offer investors the opportunity to secure some fantastic deals in the Bentleigh real estate landscape. But if you're a first-time investor, understanding what makes a great investment property can be a difficult concept to wrap your head around.
However, here are some tips to help you understand the basics of buying investment property. For starters, look into the local amenities in the area. Things like schools, shopping centres and parks are big incentives for tenants to consider moving into a region – so building a portfolio with these factors in mind could be a great place to start.
Furthermore, check out the latest vacancy rate figures in your area. If there are no people interested in living in the community, purchasing property there could be ill advised. Be sure to look into the latest data released to have an up to date idea of the market's health.
If you want to purchase Bentleigh property, get in touch with Matt Hurlston at Ray White Carnegie. His knowledge and expertise can be immensely helpful when searching for the most suitable slice of real estate for your needs.