Why property investors are turning to the outer suburbs

With negative gearing soon to be restricted to new buildings, property economics in the Australian market have been turned upside down: Until very recently, the outer suburbs were the last place investors looked for opportunity. But in the months ahead, the outer suburbs look set to become the new 'hot spot' of the wider market. Anissa Cavallo of Eda Property joins Associate Editor James Kirby in this episode. In today's show, we cover: Negative gearing never dies, it just moves to the suburbs Investors still confused over CGT...but it's simple, you will pay more Retirees face a tough choice as forced sellers face a soft market So what constitutes a 'new building' under the Budget changes?  See omnystudio.com/listener for privacy information.