Should First Time Property Investors Venture Interstate?

Everyone likes to think they know their own neighborhood: As a result ‘home bias’ is a major issue among property investors. For first-time investors the issue is acute: The first steps into property would be even more daunting if the investment was in a distant city. But staying at home - especially in Melbourne - may just mean missing the best opportunities.In today’s show, we cover :  Making sure you are not being dudded by the body corporate  Buying interstate - the pros and cons  A cool response to making changes on Capital Gains Tax Where are exiting property investors putting their funds? James Gerrard of www.financialadviser.com.au joins Wealth Editor James KirbySee omnystudio.com/listener for privacy information.