Show You’ve Found a Good Location

The Three Microeconomic Factors That Show You’ve Found a Good Location

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To do that, you need to understand the microeconomics that lies behind the location.

Don’t worry, it’s not as complex as that term makes it sound.

There are a bunch of micro factors that tell you if you’ve found a good location.

Here are three of them.
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Factor #1 – Local Infrastructure

Looking at the local infrastructure gives you a vision into the location’s future.

You particularly want to pay attention to recent and planned improvements.

New roads, railways, and public facilities…

…all play a part in determining people’s behaviour.

Simply put, if it’s easy to travel around…

…there is plenty of employment opportunities…

…and the location offers what tenants need…

…it’s a location you should consider.
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Factor #2 – Affordability

Some will tell you that there’s an affordability crisis in Australia.

That may be the case in some cities.

If people have to pay too much to keep hold of their properties…

…they have less left over to drive the local economy.

Businesses start struggling…

…because people have to tighten their belts.

In the worst cases…

…this can lead to a location’s decline.

People may have to sell…

…because they can’t afford their repayments.

This leads to a flood of supply onto the market…

…which drives your property’s value down.

Look for locations where people spend no more than 30% of their income on their mortgages.
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Factor #3 – The Sales Data

How much of the location’s housing stock is on the market?

How long does it take for the average property to sell?

The sales data reveals a lot about demand in the area….

…If there’s not much stock on the market and properties sell quickly, you’ve found a location with a lot of demand.

Of course, to truly get the best deals…

…you need to get into areas BEFORE the demand heats up too much.

No one wants to buy in a hot market…

…because most of the time, that means you’re already too late.

And now that you’ve found that location…

…you need to find a property that offers…

…high yield, high growth, and value-adds. 
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That’s where Dashdot comes in.

We want to work with you to create the future you’ve always dreamed of.

Want to buy in the right place, at the right time, every time?

>>>CLICK HERE<<<

And remember, stay awesome, and keep dreaming bigger.
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