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Investment Property Home Loans: Westpac cuts two year fixed rate home loan

Investment property home loans can be useful especially with the low rates

New rate is lowest level since April 2009
Best two year offer amongst the major banks
Special offers opens from February 2013

Given that residential yields are growing due to increasing rents often exceeding 5%, with Westpac's two year fixed home loan at 4.99% there's never been a better time to lock it in. Hey, you might want to consider a knock down and build investment project with this!
 
The two year fixed rate may be available for construction loans, of which is great for investors developing their portfolio via city infill and subdividing. There are benefits to new investment property builds via this method, new building depreciation is one of them, providing positively geared investments in the Perth Metropolitan area.
 
Perth remains the tightest capital city rental market with its vacancy rate tightening from 0.9% to 0.8% (Source SQM Research) - a distressing sign for Perth renters but good news for investors if they act now. There's low interest rates, higher rents and listings of existing homes are down from March 2010, 17,760 to December 2012 9,243 and falling (Source Reiwa).
 
I want to help you take advantage of this unique situation and provide you some development options in high yielding Perth Metropolitan regions. Wouldn't it be nice to look back and be able to say you took advantage of this opportunity?
 
View the Westpac media release of the interest rate cut here and get in touch with me today:
 
Andy Kelly
Property Investment Specialist
Mobile: 0468 971 422
 
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