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Ed McKnight: Should you buy the worst house on the best street?

Ed McKnight: Should you buy the worst house on the best street?

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The 'age-old' advice of property investment is to buy the best house on the worst street.

The idea of the advice is that property values have a higher ceiling in nicer areas, so renovating the worst home could bring in some good money

Ed McKnight of Opes Partners discusses with Jack Tame whether the advice stands in today's economic climate.

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