Sound research is critical if you are to invest in the right place and avoid the potential mistakes that can be made in investment property. While the principles are sound, putting it into practice is tough and it can be a journey filled with risks and pitfalls for the new or unwary investor. Many people make the mistake of investing around the corner from where they live, not taking into consideration the realities of current prices and the future outlook in terms of demand that will drive rental returns and capital gains. Or they buy into units and schemes that do not give the required security and that have hidden costs that increase down the track. And while choosing the optimum location in your home town is hard enough, the chances of making the right decisions in distant cities or towns is far more difficult and risky, which is why so many people simply invest in their own backyard.

How McCarthy Group can assist:

One of the major strengths of McCarthy Group is our expertise and track record in identifying areas that are primed for strong economic growth. This ensures a constant supply of families needing rental accommodation, and this demand for housing leads to positive growth in rentals and property values. We positioned hundreds of families for the strong economic growth that has taken place in Noosa, Perth, Brisbane, Darwin and Townsville, and currently we are facilitating investments in Cairns due to the exceptional opportunities offered in this market.

McCarthy Group 2007