Here are some questions that you will want to ask local agents and valuers, when doing your research on a location you are interested in:

• What are the key drivers of growth in the suburb?
• What types of property are most in demand?
• Are there any no-go zones in the suburb? Where are they?
• What attracts people to the suburb the most?
• What is the optimum price range for growth and yield?
• What is the vacancy rate?
• How has the suburb changed over the past 10 years?
• What is considered fair rent in this area
• What type of renter demographics are attracted to this area?
• How many rental properties are currently on the market in this area?

Here are some more RealRenta Tips for doing research:

• Do your research every weekend
• Check out at least 50 properties
• Track sales online
• Review your notes after every 20 properties
• Sort out your notes and refine the criteria
• Watch out for the overall market condition

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