Been told regional property is risky?

Lots of people, some very successful property investors (many not), will tell you not to buy investment properties outside of the capital cities. Sure, I'm not about to tell people to go out and buy any property in any regional area and promise that it will be a good investment, but on the same level, why are people so willing to put a negative blanket statement across all of regional NSW property?

Encouraging people to avoid investing in regional NSW assumes that all regional cities are the same. Encouraging people to invest in capital cities assumes that all investors have a minimum of $500k at their disposal... People who make such statements are ignoring the potential for every day Australians to become property investors, they are ignoring the individual characteristics, economies and industries of regional cities and in doing such are ignoring the potential.  

I've heard many reasons of why not to invest in regional cities. No jobs, no capital growth, no tenants, one industry towns... I think these people are imagining small, one pub, one shop towns with tumble weeds blowing down the main street. Do some research and you'll find many jobs available, many diverse industries and a high demand for rental properties in large regional cities. Cities such as Orange, Bathurst, Dubbo, Nowra and Wagga Wagga are large regional centers that emulate capital cities. They have all the businesses and services of a capital city, on a smaller scale. The regional cities that regionalpropertynsw.com identifies as meeting our criteria of having the potential for positive cash flow, affordability and capital growth have all got diverse economies and have seen consistent growth over more than 100 years. 

Regional property could be your way into financial security. Many people, unable to buy close to where they currently live, are purchasing investment properties in the regional cities that we suggest and seeing much stronger rental yields than in any capital city, strong capital growth, and therefore can grow a portfolio quicker than they ever could investing in a capital city. 

But don't take our word for it, research it for yourself. Successful investors are the ones who take time to educate themselves and who don't just follow the crowd. As the very successful investor Warren Buffett says, "be fearful when others are greedy. Be greedy when others are fearful". Don't just follow the investment crowd as they continue to restrict their investing, do your research and look beyond the capital cities. 

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