So this lady sold her home in an expensive area. However, it was a rising market.
And when she went to buy a new home for her family…she found prices had got away from her.
They rose to quick. Now she’s unable to find a home for $1 million dollars!
We may have seen some people in this situation in certain suburbs of Sydney.
But where is the next wave of potential Million dollar suburbs going to be?
The key is to look for desirability.
Desirability is what will drive owner occupiers to stretch themselves further and further to live in an area.
And there are 3 triggers that make a suburb desirable.
And when you know what they are, you’ll be able to pin-point future superstar suburbs much more easily.