We are so often told that if we want the best capital growth our property needs to be close to amenities. Good school, train stations and shopping centers or other public transport are often touted as key indicators of future growth.
But what does the data actually say about the affect of amenities on the capital growth of a suburb? The results from this one are extremely surprising.
Read this article:
Select Residential Property – https://selectresidentialproperty.com.au
DSR Data – https://dsrdata.com.au
0:00 – Introduction
1:40 – Key idea: Price has already factored in existing amenities, which does NOT lead to more growth
4:00 – How expansion of Brisbane airport affected prices short and long term
4:45 – Do train stations affect capital growth
7:55 – Be careful of starting and ending points of statistics
8:30 – Do school affect capital growth
11:00 – How do beaches affect capital growth
12:55 – How does proximity to shops affect capital growth
13:58 – How does walkscore affect capital growth?
21:24 – What do we do with this data?
26:04 – Price variability over time
Recommended Videos:
Property Data Dive Series – https://www.youtube.com/watch?v=Z1k9zSVrMMg&list=PLHQSDRgRmOajrK1XoFwZKQdQ29r6Jxm3p
https://onproperty.com.au/885 – Visit the site for a full transcription and downloadable audio version of this video.
————————-
BOOK A FREE PROPERTY STRATEGY SESSION
HOW TO INVEST IN PROPERTY COURSES AND RESOURCES
https://onproperty.com.au/resources/
————————-
DISCLAIMER No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
• We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;
• We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
• The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
• The information may not be suitable or applicable to the Listener, Reader or Viewer’s individual circumstances;
• We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.