Choosing the right Belconnen property to invest in means taking a whole range of different factors into consideration. But by far the most important is location; after all, if you choose a home that no one wants to live in, the chances of earning a rental income from it are low.
Therefore, it's always a good idea to take a look at the neighbouring community whenever you're visiting open inspections. Checking out the local amenities is an important part of building a strong investment portfolio, especially in metropolitan areas.
These are the things that people use on a day-to-day basis. Readily available public transport, easy access to main roads for commuting, good schools nearby, supermarkets and retail stores are just some examples of these, which can make all the difference between people renting your home over someone else's.
Another factor to keep in mind is the potential future growth of the local community. Are there more developments planned over the coming months? Is the suburb expected to see a rise in population? Understanding the long term potential of your house's value can aid the decision and help you make the right investment choices.