Could buying investment property near schools be a good move?
Investment portfolios are all about diversity and capturing areas of the market where people are interested in living.
Therefore, before purchasing a new property in Burpengary, it's always worth taking a look at the local amenities on offer.
One of the most important to take note of are schools in the area. Homes near local education facilities – be they primary, secondary or tertiary – are a great addition to any investor's portfolio.
Many young families these days are in the market for rental properties, given the rapid growth of real estate prices across the nation.
If they have children, or are planning on having kids in the near future, offering them a home zoned for great schools is a great way to lock in a long term tenancy for your property.
Depending on how close the home is, this could also appeal to renters interested in cutting down on their vehicle use.
Walking to and from school with their children could be a major selling point, while proximity also appeals to parents looking to provide their children with a safe commute each day.
If you're interested in expanding your investment portfolio in Burpengary, get in touch with a local real estate agent to begin looking for properties nearby to schools in the community.