This article was syndicated across multiple Australian Community Media Platforms
A national buyer’s agent has warned investors from joining the rush into regional real estate without actually going there first.
Sydney-based Mr Vidler said he had heard horror tales of investors buying properties from websites in regional areas from their desperation to be involved in the property price boom.
Property prices in many regional areas, especially those close to metropolitan areas, are far outstripping the cities as people escape pandemic restrictions in their flight to the country.
Mr Vidler said many investors wanted part of the action as well
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