I have always believed that inner suburbs make for better investment choices than outer suburbs from a property investment perspective.
It's simple: more people want to live close to the city, yet simple geometry tells you that there is far less land available to build on.
Others argue you should invest in distant outer suburbs or in the regions since it's cheaper, using vague anecdotal tales of people upping sticks for an easier life in the country.
That's not at all what the immigration figures tell is happening.
Rather, the overwhelming majority of immigrants are flocking to Sydney, Melbourne, Perth and South-East Queensland.
Since I always caution against the dangers of confirmation bias, don't take my word for it, look at what the statistics tell us about what is coming in the future (i.e. worse traffic, diabolical commute times and increasing pressure on inner suburb property prices).
"Western Sydney has been adding jobs at just one-third of the rate of the rest of the city, increasing the pressure on workers to travel out of the region.
If you live in Sydney, you don't need the stats to tell you this, you can see it happening with your own eyes.