Why investing near public transport is a ticket to success

Buying an investment with good access to public transport has always been considered a good strategy.

But what many people in Perth don’t realise is just how important it actually is.

As Perth’s massive population growth brings with it increased road traffic and longer commutes, properties near public transport links will become more and more popular. transport road highway infrastructure build car drive commute suburb city

You just have to look to the bigger cities in Australia and around the world to understand the value people place on having good access to public transport.

Many people in Perth don’t yet fully appreciate this fact, which creates opportunities for forward-thinking investors.

By some estimates, there will be 250,000 more cars on the road in just five years’ time.

And as the roads get busier, some parts of Perth, such as the CBD, will become harder to access by car.

At the same time, suburbs with good public transport will become more desirable and lead to higher rates of growth in terms of property values and rent.

In fact, research has shown conclusively that suburbs with good public transport, on average, have higher capital growth rates than poorly-serviced suburbs.

It’s not difficult to see why people value living near good public transport links

There is the time factor – people don’t want to spend hours in traffic going to and from work.

However, it’s not just about traffic congestion.

The rising cost of petrol and parking is also a major factor in encouraging the use of public transport.

There is also the general increase in environmental consciousness amongst the population, which is driving people to use their cars less.

In the world of public transport, rail is generally considered king.

Properties within walking distance or a short drive from a train station will increasingly be high on the list for buyers and renters.

Major bus routes will also be considered important.

There is another major bonus of investing near public transport nodes. It’s the fact that as local councils push to increase housing density in line with state targets, rezoning efforts will focus on areas with good access to public transport.

We’ve already seen this happen and it will continue.

It’s worth noting of course that investors need to keep their wits about them when searching for a property near public transport.

A property can sometimes be ‘too close’ to public transport when it brings excessive noise, pollution, traffic and safety concerns.


Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Damian Collins


Damian is managing director of Momentum Wealth, a Perth based property investment consultancy firm. A successful property investor in his own right, Damian formed Momentum Wealth to assist time poor investors in building their portfolios and applies his many years of experience to help clients accelerate their wealth creation. Visit www.momentumwealth.com.au

'Why investing near public transport is a ticket to success' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts