80% location 20% property.
The location of a property has a huge impact on a property’s price growth potential.
The only thing you can’t change about a property is its location. This is why it is extremely important to complete your due diligence and locate the right investment grade property in the right location.
As a good rule of thumb, when it comes to price growth the suburb does 80% of the heavy lifting, and the property itself does the remaining 20%.