FIRST HOME BUYERS

CONSIDERING BUYING a home and have a choice of suburbs to buy in?

• You can find out whether capital growth is likely to occur in the short term (or whether negative capital growth is likely to occur in the short term) in each of the suburbs you are considering buying in.

Sue and Mark were excited about the prospect of finally getting their own home but only had a minimal deposit to buy their first home. They had been considering buying in one of three different suburbs but knew they needed to be very careful of which suburb they bought in as they couldn’t afford values in the suburb to reduce after they bought their home. Their intention was to hopefully watch the value of their home rise and then trade up to a better suburb in time. So they would subscribe to the three suburbs on SuburbWatch to help them decide which suburb had the best prospects for likely growth in property values in the short term. SuburbWatch’s analysis may even indicate that it’s a good time to sell in those suburbs (with a SELL or HOLD-SELL signal on SuburbWatch) which means that Sue and Mark may choose to wait for a while before buying as values may decrease in those suburbs in the short term