Foreword
Property investment, regardless of your level of experience, requires a commitment and skill that can only be acquired through thorough research, experience, astute judgement and a willing financial institution. Get any one of those factors slightly wrong and the chances of obtaining the sought-after returns can be compromised.
A review of the broader Melbourne market over the past decade will show very simply that property has generally appreciated in value; in fact, the median price of a house or apartment has more than doubled in most capital cities in Australia. However, if you made the wrong decision in relation to location, timing and property type, it would have been possible not to record a positive result. Conversely, there ...