You heard this advice before—location, location, location. While a lot of people are in a rush to buy a property these days because of the real estate boom, only those who chose the right neighbourhood get to see the value of their purchase once all the hype is over. 

So, if you’re thinking about investing in a property, here are five factors to look into when choosing the right neighbourhood for your future home:

1. The lifestyle. Your choice of property will depend a lot on your lifestyle. If you’re a couple starting a family, you’d want amenities like parks, schools, open spaces and proximity to retail shops. But if you’re an empty nester, you might want a more secluded place where you get to enjoy the peace that you’ve been looking forward to.

1. The development. You’ll have no shortage of real estate developments in the country today, but only a few can provide you with the right community to live in. For instance, property developers like Avid Corporate are considered one of the most sustainable residential and industrial communities being developed today, with amenities perfect for the Australian climate and lifestyle.

1. The crime rates. Safety is crucial in making sure that you get to live a good life once you move into your house. It also dictates the value of your property if you choose to sell it in the future. Choose a neighbourhood with a low crime rate and avoid areas with a lot of traffic and noise.

1. The lot location. Aside from the development itself, you also need to think about where the actual lot is located. Chances are, if your light is near the highway or a busy road, you’ll get it for a much cheaper price, but you’ll also need to deal with the noise every day. On the other hand, being in a quiet lot with a wonderful view would be more expensive, but it will also have a higher chance of increasing in value in the future.

1. The neighbours. Of course, you can’t miss out on looking at who your future neighbours will be. Different developments attract different types of buyers, and you need to choose one that fits your preferences just right. If you’re planning on buying a property in an area where there are already other houses, you can ask around to see what it feels like to be in that community. Remember that you’ll be living in this place for a long time, so you have to choose one that’s easy to blend in with. Well-maintained properties are a good sign that you’re going to live in a community with neighbours who care about the place they live in.

Buying a property takes a lot of considerations, especially when it comes to choosing the right neighbourhood to live in. Think about these five important factors to make the right decision about your investment. After all, you’re going to spend a good amount of your hard-earned money on this property, so you have to make it worth it.