Understanding the economy, market conditions and sentiment play a vital role when analysing the state of any property market.

 

Access to the latest data and research is important and readily available however what is more important is  having this information interpreted correctly by a skilled professional for the benefit of the client.

 

Fundamentals surrounding any property purchase should take into account the potential for capital growth, knowing that its land that appreciates in value and buildings depreciate in value.

 

History of performance whilst not a guarantee is usually a good indication of future expectations. 

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If there are elements of scarcity around a type of property it can provide for greater marketability when selling.  Each property should be assessed for its location within the suburb and street, its compass orientation and access to amenities including local village life, public and road transportation, parks and gardens, schools and other recreational facilities.