Real estate in the rural area or urban area, which one do you prefer??

[JamoPosh]

In other not to cost you more expense while starting up. It advisable one leverage the rural area. The essence of building estate or having some property in the rural area will make it a developed and civilised area in the long run. It save time and money while leveraging the rural area for real estate business.

 

[zenith]

I think the reason people are building houses or buying land in the rural area is because of the believe that the place will develop and when that happens the land or the house will increase in value.but to me I will like to have it in the urban area first before the rural area.

 

[Chibson]

Investing in real estate in rural areas is like long-term investment.
It doesn't yield immediate profit because those areas are not developed and people will not be looking for houses or properties there.
While while in the Urban areas, it is developed and everybody is looking for a house, so the profit comes quickly.

 

[Kelvin7656]

In the quest to buy a home, location is paramount and every homebuyer has different desires when choosing between city skyscrapers, beachside bliss and rolling hillsides.

When deciding on a location, you need to consider factors like affordability, employment, access to services and lifestyle. You need to ask yourself how much you can afford to repay, how far you’re willing to commute for work and what kind of lifestyle you want to lead.

This is especially important when considering whether to move to an urban or rural area.

 

[Olahab]

Living in an urban area means more expenses because you are close to business establishments. The price of a 1-bedroom apartment in an urban area can be the same as the price of a 3-bedroom house on a rural area. Also, nothing is free in a city as opposed to a rural area where you can grow your own vegetables and can get some items for free

 

[Asad Ali]

Its now no longer surely a great concept to put money into rural areas, due to the fact their may not be clean get right of entry to to it as their may be horrific street networking, however in case you are contemplating long time funding then it probable fine, however in city vicinity their is excessive chance you'll make a excessive income in a touch quantity of time.

 

[Chris]

Cost of living: Living in an urban area means more expenses because you are close to business establishments. The price of a 1-bedroom apartment in an urban area can be the same as the price of a 3-bedroom house on a rural area.
I think rural is preferable in terms of buying property.

 

[Adetayo100]

Rural Areas in Well-Being, the main reason the large urban communities have higher physical well-being is due to lower rates of obesity and chronic diseases. On the other hand, rural residents often feel safer and more secure. Urban areas are better than rural areas.

 

[joy101]

I prefer real estate in urban area because people prefer buying property in urban area than rural area, is because them want make more profit, investing in rural area is time consuming when it comes making profit in your investment.

 

[Robrown83]

Real estate in rural area and urban area both of them are good because each has its own advantages and disadvantages but I will prefer rural area due to some certain advantages. The cost price will be low and before few years you will gain a lot by selling it.

 

[Bangiszz]

Rural real estate is by and large more moderate and is anticipated to increment in incentive in the coming years.

As per the QBE Australian Housing Outlook, all local urban communities in the report are estimate to see positive house value development over the course of the following three years. Some are likewise liable to profit by the flood and moderateness challenges looked in metropolitan territories.

Alongside reasonableness, the provincial way of life requests to numerous homebuyers. In the event that you decide to move to a provincial place, you can anticipate space, opportunity and a solid feeling of local area. Being in a very close local area will cause you to have a sense of security and secure in your home, adding to your personal satisfaction.

 

[Sariana23]

I will always pick the salary over location anytime, any day. I have grow to the level where what I put first is the money and not whether the job is in the rural or urban areas. This is a big consideration especially when you don't have any form of family wealth to fall to.

Exactly @Henrywrites : Regardless of the place, what you are looking for is to generate income in some way. And as I said before, the experience that is gained over time supports future negotiations. It gives you a score on a good curriculum of experiences in the area, which is something clients value in Real Estate.

 

[Jimmie150]

I prefer to have a real estate in the urban region than to have it in the rural region. Because I believe I will be able to recover back my money due to urban settlement opportunities and more so the demands are high on a daily basis.

Post automatically merged: Feb 3, 2021

I prefer to have a real estate in the urban region than to have it in the rural region. Because I believe I will be able to recover back my money due to urban settlement opportunities and more so the demands are high on a daily basis.

 

[Henrywrites]

I prefer to have a real estate in the urban region than to have it in the rural region. Because I believe I will be able to recover back my money due to urban settlement opportunities and more so the demands are high on a daily basis.

Post automatically merged: Feb 3, 2021

I prefer to have a real estate in the urban region than to have it in the rural region. Because I believe I will be able to recover back my money due to urban settlement opportunities and more so the demands are high on a daily basis.

What makes an area urban is the availability of basic human needs. If I see the future and feel that government will locate an educational institution in a rural area, I will be the first to invest there at a cheaper rate with the hope that the new school will open doors to a lot of other opportunities for me.

 

[MercySmith]

Urban benefits​

If you choose to live in an urban area, you can expect an abundance of public transport options at your doorstep. Trams, trains, buses and taxis will be aplenty, meaning you don’t necessarily have to own a car or have a garage.

In addition, you’ll likely live in close proximity to amenities, health facilities, shops and restaurants. You’ll have easy access to range of services that will improve your overall quality of life.

If you’re a parent, there will be a wide range of schools and universities for your children and an array of employment pathways once they’ve completed their education.

According to the latest employment forecast from the Department of Jobs and Small Business, the trend towards clustering jobs in urban areas will continue, with 75 per cent of all new jobs to be established in our capital cities.

Things to consider in urban areas​

Affordability is one of the main drawbacks of living in an urban area.
Along with affordability, space is an issue for those living in urban areas. Owning a property with a backyard is a luxury, with higher density dwellings making up 40 per cent of all sales across capital cities. Noise levels and traffic congestion are also issues in urban areas.

Rural benefits​

Rural real estate is generally more affordable and is predicted to increase in value in the coming years.

According to the QBE Australian Housing Outlook, all regional cities in the report are forecast to see positive house price growth over the next three years. Some are also likely to benefit from the overflow and affordability challenges faced in urban areas.

Along with affordability, the rural lifestyle appeals to many homebuyers. If you choose to move to a rural centre, you can expect space, freedom and a strong sense of community. Being in a tight-knit community will make you feel safe and secure in your home, adding to your quality of life.

Rural real estate also offers the chance for you to live on acreage. Depending on the size and type of property, you can purchase animals like horses or even start a hobby farm.

Things to consider in rural areas​

While rural regions offer freedom and space, they do have several drawbacks.

Rural areas generally lack public transport options and inclusive health facilities. Many people living in rural areas are forced to travel long distances to access the facilities they need.

In comparison to urban areas, there is less employment opportunity and diversity. Trade and agriculture are the main sources of employment, meaning some people might struggle to find work. The Department of Jobs and Small Business predicts that all states except New South Wales will see modest growth in regional agricultural jobs.

Geographical location can also pose certain risks. In many regions flooding, drought and bushfires are serious threats. Before purchasing a property, you should properly investigate the risk of natural disasters and consider their implications for land management, buildings and insurance premiums. For more information on premiums

 

[Ojonuyo]

Real estate business is a profitable and lucrative business that any one who has the money can invest in. Real estate business is best when situated in urban areas. This is because they is high demand of houses and lots of commercial activities take place there.

 

[Neeta313]

I prefer real estate in the urban area because i would definitely make more profit and be able to also sell houses that are tastefully furnished and beautiful. Personally I feel more money or rather profit would be made in the urban area. Because you can build any style of house you want.

 

[Mawome]

I prefer real estate in the urban areas, becouse it's more profitable if it is located around the state metropolis, and have about two decking houses in deferent placed, you are a rich man then, you will always have something to eat and to give to those in need of it too.

 

[Victor72]

As for me between the rural area and the urban area I prefer investing my real estate business in the urban area this is because in the urban area I easily get clients but in the rural area you hardly get clients.

 

[Good-Person]

I have spent my entire life in urban areas, so I really do not think that I would be able to live in a rural area. I am more attracted to Urban city, so I would prefer buying property in Urban area. Moreover, urban areas are the main center of business.