When advising our clients we like to develop a “risk” profile with them. It’s a balance of their risk appetite and risk of the properties we will consider with them. For example a mining town with no other industry or growth drivers to support it could reach our maximum high risk factor of 10. A stable inner city property with low available rental accommodation, with strong population growth would score a much lower value.
So what about this recent announcement blasting around the media that a small Australian town with a population of only about 1700 is sitting alongside a world changing...
