OUR 8 STEP PROJECT SELECTION CRITERIA
Property Choice are licensed real estate agents that specialise in the acquisition, ownership and sale of real estate assets with the goal of making a profit or a capital gain. Our primary role is twofold:
the researching and reporting of various investment property markets throughout Australia, and
the analysis and selection of sound investment properties for our clients.
In order for Property Choice to be satisfied that a particular investment property represents a sound investment for a client, the particular property must meet our 8 Step Selection Criteria.
These 8 specific and calculated criteria can be summarised as follows:
It is not only important to understand the reasons why Property Choice has selected these 8 Step Property Selection Criteria, but it is also important to notice the order in which these 8 criteria have been placed.
Priority has been given to the economics of the area FIRST and then to the specific property criteria SECOND.
The reason for this relates to an old real estate belief that suggests that one should buy ‘the worst house in the best street’ indicating that it is not the physical house that increases in value, but rather, it is the land in the area that achieves and experiences capital growth.
Therefore, going from a MACRO to a MICRO level in the selection criteria would indicate a logical process by which one should select a specific investment property as an investor.
Once a suitable area has been identified, it is then important to select a property within that area that will represent both a logical and tax effective investment opportunity.
This is the process by which an accredited Property Choice consultant makes a specific property recommendation.