With property prices expected to rise in most parts of Australia for the next few years, how can first-time property investors make sure they make the right decision when spending such a large amount of money?

Of course it’s good to get as much information as possible but those new to the market need to realise they’re never going to get 100% perfect information and so, better to learn the essentials and jump in before prices get away from you.

On tonight’s show I share some of my top tips for first-time property investors.

The data shows that property prices are rising and according to recent CoreLogic research there are now 559 suburbs with median house prices above $1 million – that’s compared to 409, just 5 years ago! Now the COVID-shift to lifestyle areas has seen major regional centres make up the majority of new entrants to that $1 million club.

Tonight we’re joined by Mathew Tiller, Head of Research at LJ Hooker who tells us where these suburbs are and some of the locations to watch in 2021.

I hope you enjoy the show and remember, if you would like to know more about renovating your home or investment property, you can download my book “The Effortless Empire” absolutely free – just go to YourEmpire.com.au

Join Chris Gray, every Friday night at 7pm AEDT for Gray’s Property Anatomy.