Borderless investing had become far easier during the pandemic, ASPIRE Property Advisor Network argued, as remote research, virtual inspections and access to local specialists reduced any need to buy close to home. Figures from MCG Quantity Surveyors put the average distance between investors and their properties at 300 kilometres. A Melbourne resident who bought in Brisbane early in 2020 would have gained while local values fell.
Reported by
Richard Crabb, ASPIRE Property Advisor Network, 25 September 2020
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