Getting hot spots wrong
The Housing Industry Association (HIA) publishes a report listing the top residential property markets around Australia which they call “Hot Spots”. But they are not hot spots for investors. On the contrary, investors should probably avoid these locations.
They’re modern and compact, cost little to build and earn excellent yields, and they can be popped onto a property you already own. It’s no wonder investors are bringing the humble granny flat back into vogue.
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