THE STRATEGY DNA PART 3: The What - What kind of property should you invest in?

As part of our info series on the Investor Property DNA on creating successful property investment strategies, we follow on from last week’s research insights to share how we uncover what particular property types will deliver the best return on investment.

THE WHAT – What kind of property should you invest in?

Diving deep into the economic and population projections allows us to work out what property product is best to invest in that also aligns with your goals and financial position as part of your unique strategy. We explore the best ROI options that are possible with your current circumstances. 

We then narrow the information down to find what built form we should consider investing in by looking at what will have the most demand yet least supply to deliver the greatest return on investment. Even if you notice an abundance of rental property types in an area or a certain property type for sale, such as 3 bedroom houses, it doesn’t necessarily mean that’s the best form to invest in.

For example, the research may show a market that essentially may be undersupplied, yet it could have a large oversupply in certain areas given a region’s growth, such as larger 4 bedroom homes, yet have a distinct undersupply in a specific built form types, such as 1 bedroom apartments or smaller (more affordable) townhouses.

In our 2023 Sunshine Coast Property Market Update we undertook extensive research on property types. A trend that notably stood out to us was people who are currently living here, and looking to relocate here, are wanting smaller, more affordable homes that are within walking distance of key amenities and attractions. This includes townhomes, apartments or small house and land packages. However, there isn’t enough of these property types to meet the demand which is an incredible opportunity for investors who can build new product.

We’ve done the research that shows the Sunshine Coast is most likely the best region to invest in with specific property types set to deliver the best returns. But before you pull out your cheque book (figuratively speaking, does anyone carry a cheque book these days?!) be sure to read our next article in this 5-part series that explores the incredibly important process of due diligence.

If you don’t want to wait each week to hear about our strategy breakdown, you can start today by contacting our expert coaches and booking in for a free consultation.