Real estate investment decisions should consider market fundamentals including supply-demand balance, population growth, and geographic constraints; properties in oversaturated markets with limited demand (such as one-bedroom apartments in Docklands) carry higher investment risk compared to markets with supply restrictions and population booms (such as the Gold Coast).
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Deep Dive
Avoid These Nightmare Property Investments: Docklands 1-Bedrooms #shortsAdded:
Don't buy these types of properties.
They are one bedrooms in Docklands. They are the absolute nightmare properties that you could ever buy. I'll show you.
This one in particular was bought for $927,000 in 2020. It just sold for $821,000.
It means it sold at a loss. They They made no money out of it. It went backwards. It was held for 6 years and that loss was $106,000.
I checked through and at the moment within that block there are 12 of those apartments currently for sale. And then last year I checked it out, over 20 of those apartments sold in the 12-month period. There are so many of those apartments and there are so many super blocks in Melbourne. There is a massive oversupply and there's not enough take-up on the demand side of things.
Fundamentals of those one-bed, one-bath apartments in Docklands or in Melbourne CBD just absolutely don't work for me. I think the fundamentals on the Gold Coast are way better. You've got a massive supply restriction. It's landlocked. If you go to the east is the beach. If you go to the west it's already hitting the hitting the hinterland. And you've got this massive population boom. So if you are a local or an interstate investor and you're wanting to get into the Gold Coast market, make sure you fill out your free buyer assessment and I'll personally be in contact with you.
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