Master Property: What You Need to Know to Understand the Market
Understand the market by watching the Mirvac masterclass. From location, good design and amenity, what makes a good investment?
Welcome to episode one of The Mirvac Masterclass, where we start at the very beginning of the property process.
Many aspiring property buyers have their perfect investment in mind well before they decide where they want to buy – right down to the tiny details. However, it’s always best to take the time to investigate first. Find the right area, apartment or house with solid investment potential, then decide on the finer design points. After all, it can’t be perfect if it’s not a good investment. It’s not all just about the structure and fittings too: there’s also infrastructure like local transport links, schools, shopping, parks, crime and security to be considered plus who will you partner with to make this all a reality. The ideal home or investment needs an ideal community and development partner.
We speak with research and development professionals and investigate buying off the plan versus an established property. We interview industry leaders as well as successful property investors and first home buyers. We give you a checklist for what to look for:
- Know who you are building with – look at their past work. Has it increased in value? Have their designs stood the test of time?
- Location is key – choose a location to suit your lifestyle.
- Quality and customer care are so important – quality products retain their value, while ongoing customer service gives you piece of mind.
- Remember good design is fundamental to a happy life – a floorplan must flow, don’t waste a single millimetre.
Enjoy the full first episode below.