Comments on: Watch Out For This Simple Stat

By: Murray L Raimona

Murray L Raimona — Thu, 04 Oct 2018 07:12:19 +0000

thanks for the insight Steve AWESOME!!!!
Would have like you to do some on the major cities.
Acknowledgement for your Wisdom and knowledge

By: Steve McKnight

Steve McKnight — Fri, 05 Jan 2018 01:41:55 +0000

Hi Mack85n,

Yes, with Melbourne and RMIT universities close, this is a popular location for students. But remember that students usually look for affordable, and so that puts a glass ceiling on rent escalation, and will have the effect of restricting yields and values.

Sincerely,

– Steve

By: Mack85n

Mack85n — Thu, 04 Jan 2018 13:22:30 +0000

Hi Steve,
What are your thoughts on suburbs like Carlton, VIC with high demand for student rentals? Wouldn’t the constant demand for this type of property stabilize the possibility of a decline in price and yield as apposed to a suburb that’s demand is reliant on a resource such as Newman, WA?

By: Jag

Jag — Tue, 25 Apr 2017 08:37:55 +0000

Interesting analysis on demographics Steve.
It makes sense.
Thanks

By: Charles

Charles — Sat, 01 Apr 2017 22:53:48 +0000

Steve,
Some historical perspective would be useful on this stat, increasing home ownership may indicate changes to the demographic profile, is this sort of information readily available?

By: Steve McKnight

Steve McKnight — Thu, 02 Mar 2017 16:16:47 +0000

Yes. Excellent point Bhavesh.

– Steve

By: Steve McKnight

Steve McKnight — Thu, 02 Mar 2017 16:16:08 +0000

Thanks Laura. The resource that I am writing called Buyer Beware will help. It is still a few months away from being completed though. Be sure to register your interest at the link at the bottom of the articl.

Cheers,

– Steve

By: Steve McKnight

Steve McKnight — Thu, 02 Mar 2017 16:15:03 +0000

You’re welcome Yuna.

By: Bhavesh Modi

Bhavesh Modi — Thu, 02 Mar 2017 08:34:09 +0000

Thanks Steve.

There are a number of examples available like Port/South Hedland, Newman etc. they all are falling in “renting” category by more than 70% and had seen similar outcomes which were known to everyone.

Also, you might add one more aspect in the above, higher family income in these suburbs could not stop bad impacts of more rental VS less owned houses scenario, meaning, even with higher family incomes properties in these suburbs could not survive.

Thanks.

regards
Bhavesh

By: Laura ferguson

Laura ferguson — Thu, 02 Mar 2017 06:42:47 +0000

Hi Steve
Love your work. Am just starting out I have two properties and am devouring your books. Where and how do I access the information on towns and areas? How do I find out what are bad and good areas of towns. Sometimes I won’t be able to go to the town I purchase in. So how do I get this information more easily. Any tips will be appreciated Cheers