We have spoken many times about where we focus our research efforts. Near to infrastructure has always been fundamental; new hospitals, highways, railways, shopping centres etc. But I thought I would step outside those specifics and look at larger areas; those referred to statistically as Local Government Areas.
Why do we tend to focus more on SE Queensland than other areas? Australia is unlike most other countries in that the vast majority of our population is in the coastal cities. We have in the past tended to focus on Brisbane, Gold Coast and Sunshine Coast.
Why?
Is it just because mrd is based here?
We cannot deny that living here allows us to see firsthand the growth, the infrastructure, the investment and the future that SE Queensland has. However, I personally started investing in Brisbane when I lived in Adelaide in 1999.
Why? Because at the time Brisbane was the fastest growing city in Australia and guess what – it still is! In 1999 when I was living in Adelaide, the ABS population projections to 2050 estimated Adelaide’s population would grow by 1.6%, Brisbane’s by 78%!! Sure, things have changed but not by that much. SE Queensland is still, in my opinion, the safest bet.
Recent figures from RPData and the REIA (April 2010) looked at the fastest growing Local Government Areas in Australia. Below I took just the top 10. The areas that had the maximum population increase in pure numbers over the past year.
Brisbane and Gold Coast were numbers one and two, Sunshine Coast number five and Ipswich number eight. All are in areas we focus our research on.
I believe the price in all markets is determined by supply and demand, so does it not make sense that the areas which are likely to give the best results, with the least risk, will be those areas that have the maximum increases in population (and some limitation on supply)?
I am not talking about short term gains followed by slumps as many areas tend to do. I look at the best long term potential because I hold property for the long term. I won’t make long term decisions based on short term data. That is, I have no interest in the area that is “flavour of the month” – I want at a very minimum the “flavour of the decade” or longer. I don’t “trade” in property, buying and selling; I hold long term which is a much safer strategy in my opinion.
Sure many people will invest in property in other cities and make good money, but I freely admit I am a “lazy” investor. I want the best growth, a reasonable rent return and minimal risk and/or effort on my part. So far the mrd approach of “set ‘n’ forget… for busy people“ ™ has delivered me these results. If it ain’t broke, why fix it? Both the numbers and my experience speak for themselves.
Are You A Busy Person?
Nick openly says the services and systems of mrd best suit those who lead busy lives. You have a family, a job or business, many other commitments and your days are already full! Your life consists of what can be referred to as ‘big rocks’ and ‘little rocks’. You know you should do something about your financial future and you intend to. Perhaps you have intended to for some years now but gaining the knowledge, doing the research, discerning the many opinions and knowing who to trust, presents as just another ‘BIG ROCK’ that you can’t fit into your busy (or full) life right now.
At mrd, our complimentary and no obligation mentoring and support, is designed to empower YOU to make decisions that are right for you; as opposed to having someone sell to you. In fact we promise never to interpret your genuine desire to learn as a license to sell – something that sets mrd apart from other organisations that may, on the surface, appear to be the same.
I would encourage you to prioritise putting an hour or two aside to engage with an mrd Property Mentor in what we call a “Personal Results & Options Plan” (PROP). Just this week a client of Catherine’s gave feedback after having sat through a PROP. Here is just a snippet of what she said:
“Before ‘meeting’ with Catherine I had an idea of what I wanted to achieve but no idea how to go about getting there. Now I have a clear path and a better knowledge and understanding of how to execute my plans now”. See the rest of this clients PROP feedback – unedited >>> here
Yes Please!
- I would like to speak with an mrd Property Mentor to determine if I qualify for a complimentary, no obligation PROP >>>here
- Detailed explanation of what a PROP is >>>here
- View Live PROP Demonstration >>>here
- So as to personalise and accurately complete a PROP on your behalf we will first need to assess your borrowing capacity. You can complete this online (secure and encrypted) >>>here
- What others are saying about mrd >>>here
Happy Investing,
Martin Bell
Our Customer Care Program Works For You… because investing is personal!
