Newcastle & Lake Macquarie's Top Undervalued Suburbs Revealed
Astute investors favouring affordable, undervalued suburbs primed for near term uplift and sustained growth
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It was Warren Buffett, arguably the most successful investor of all time, who once said:
“Price is what you pay, value is what you get.”
When it comes to investing in property, nothing could be more true.
In Australia, we have approximately 15,000 suburbs. When selecting a suburb to invest in we are undoubtedly spoilt for choice.
But when you place a true ‘investment lense’ over these suburbs, what begins to become apparent is that there exists a much smaller number of true investment-grade suburbs.
These are the suburbs that deliver the kind of stable long-term growth and income that all investors crave.
And while most growth-focused investors are aware of the importance of buying in locations where property is:
Scarce in supply;
High in demand; and
Affordable by virtue of a strong, stable, local economy
What many are often seeking are locations where price and value are misaligned.
Astute investors aim to buy properties in locations not only primed for growth in the near term but also have all the credentials of great long-term performers.
And to be clear, we’re not talking about the next ‘boomtown’ or ‘far-reaching regional hotspot’, we are talking about solid, established pockets that simply do not carry the price tag of neighboring suburbs.
Undervalued suburbs exist in every capital city in Australia. The investor's job is to compare all options and identify the standout suburbs they believe will provide them with the greatest potential for financial return.
I hope this report provides you with some valuable insights on how to identify undervalued suburbs in your target investment location, as well as providing you with some top locations to consider in the Newcastle & Lake Macquarie markets.
To your success,
Tom Haigh
Director & Licensed Buyers Agent
Groundswell Property
Host of The Australian Property Show