We are often told if we want the best capital growth we need to buy as close to the CBD as possible. But is this actually true and is there any data to back up this advice?
Why There’s No Need To Buy Near The CBD – https://selectresidentialproperty.com.au/busting/why-theres-no-need-to-buy-near-the-cbd/
Select Residential Property – https://selectresidentialproperty.com.au
0:00 – Introduction
1:13 – Issues with prior reports
6:35 – What trend you’d want to see if this was true
8:10 – Calculating the data
9:25 – The results
11:45 – A problem that makes this difficult to assess
13:30 – Change in growth/m2
16:35 – Yield vs distance to CBD
19:20 – Don’t just look at one data point
20:25 – Volatility vs proximity to CBD
22:30 – Why are properties near the CBD more expensive?
## Recommended Videos:
Why Population Growth Does NOT Predict Capital Growth (Data Dive) – https://www.youtube.com/watch?v=Z1k9zSVrMMg
https://onproperty.com.au/876 – Visit the site for a full transcription and downloadable audio version of this video.
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