The popularity of purchasing investment property has increased nationwide over the last year, with a number of great opportunities for expansion presented in the Bulimba real estate market. However, before purchasing the first property you see in the area, it could be worth checking out the local amenities beforehand.
After all, nothing draws tenants like having their home near the amenities they regularly need and use. For example, as more people begin to adopt a sustainable lifestyle, it could be worth checking out real estate near close to public transport.
Having a bus stop or train station within walking or biking distance could be a great incentive for potential tenants to choose your home, especially if they're trying to reduce their reliance on private vehicles.
Furthermore, attracting young families to your rental home can be made easier by checking out the local education facilities nearby. If your home is close to kindergartens and primary schools, this could be another bonus for them – as well as you, being able to fill up your investment property as quickly as possible.
These are just some of the things to consider before committing to an investment property. Keep them in mind when looking into the local Bulimba property market.
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