Those looking to invest in Australian property should ensure that their portfolio is diverse in order to minimise the risk they are exposed to, an expert has advised.
Bina Brown, writing for the Sydney Morning Herald, has highlighted the importance of having a mix of investments across asset classes.
She said: "Put[ting] everything in the share market while ignoring other asset classes is not a sound strategy."
The best strategy that can be used is to hold a diversified share portfolio as well as ownership of Australian property and an amount in cash, she advised.
Ms Brown stated that this is the best way to have high long-term returns with a low level of volatility.
Those who invest in Australian property as part of this strategy will be assured that if one area of the market is performing poorly at a given moment, there will be others that will be in a healthier position.
Colin Dyer, global chief executive at Jones Land LaSalle, recently told Prime Site that the Australian commercial property market holds many opportunities.
Posted by Steve Douglas
