1. A TRAIN RIDE AWAY.
- Author
-
Gettler, Leon
- Subjects
- *
TERMINALS (Transportation) , *INVESTMENT management , *REAL estate investment , *RATE of return , *RAILROAD stations , *ECONOMICS - Abstract
The article focuses on the value of property investments near transport stations in Australia. Jim Downs, The Rein Group owner argues that properties near railway stations are always occupied and has at least 5% yield. It cites that the increase of fuel costs and longer hours at work are other factors which make properties near transport station more attractive. Moreover, demographer Bernard Salt believes that rate of returns are better if there will be supermarkets close to the train station.
- Published
- 2010