Typically, investment-grade properties double in value every 7 to 12 years, which in other terms, equates to 7% to 10% annual compounding growth rate.
Less than 5% of properties in Australia are actually investment-grade, so they are pretty scarce.
Here is a RealRenta checklist for finding investment-grade properties:
- Scarcity
- High Land value
- Proven performance
- Proximity to amenities and public transport
- Good natural light
- Security
- Logical floor plan
- Attractive architectural style
- Car park on title (apartments)
- Structurally sound
- Minimal upkeep required for gardens, external etc
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