Author
Sarah Megginson is a journalist, copywriter and editor with more than 15 years experience. She specialises in writing about property and finance, and is currently the Head of Editorial at Finder. She was the former editor of Your Investment Property Magazine.
Fact: in a city like Sydney, inner-city period homes will almost always be a good investment.
In 2009, when Mathew Cosgrove was crowned runner up in Your Investment Property magazine’s Investor of the Year Awards, he had four investment properties and plans to retire within a decade.
Buying a property outside the state you live in for investment purposes is becoming a popular strategy, particularly for young people who have all but given up hope of getting onto the property ladder in Melbourne or Sydney.