21 April 2016

Should I purchase in a regional town or a capital city?

There is no golden rule here, but we find the decision to purchase in regional areas versus capital cities comes down to the purchaser’s risk profile. Because a regional area doesn’t have the volume of sales, you may find it a little more volatile than a major city. If you can weather the ups and downs, and the investment ticks other boxes, then regional may be of value to you.

Having said that, don’t buy in “one-horse-towns”. Regional economic hubs with multiple industries and employment, and 50k + people, would be preferred.

This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.