This is how to benefit from gentrificationOct 11, 2019
Housing markets tend to be imperfect, since they aren’t comprised entirely of investors.
And, with a bit of research, it’s not that hard to find areas that are set to improve.
In the case of Brisbane’s Woolloongabba, for example, there are plenty of new apartment developments coming onstream, alongside student accommodation, a new underground train station as part of the substantial Cross River Rail project, a new commercial and retail precinct, and other potential projects including an overdue stadium upgrade.
But buying new property as the end user generally sees the bulk of the financial benefit passing to the developer rather than you as an investor.
The main way to benefit as a property investor is to own commercial lets, or houses on good blocks of land close to the new commercial and transport projects – with the potential to add value to those properties later through renovation or extension.
I discussed this a little further in the short video here
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