As we enter the final quarter of 2013, it is always a good time to reflect on the year to date and review the substantial volume of data that has been released by industry bodies. We will talk you through it all with our investment property guide. At Investor Assist, we love seeing smart investment property strategies and one of the best ways to learn the property investment market is for you to read this guide to investment property and arm yourself with the knowledge.
Recent reports have been promising and have highlighted the strength of the mid-winter housing market, both nationally and locally. The rain may be coming down outside but it seems the sun is shining on the property market in Australia, with buyer and seller activity at levels not recorded since the boom conditions 2009 and 2010.
Interest rates are the lowest they have been for fifty years and the low rate, combined with a solid economic performance across the nation is continuing to activate the market with all capitals recording house price growth over the 2013 financial year.
Our guide to property investment shows the strength of the WA economy is a key driver in the Perth investment property market and house prices have increased by 7.5% over the 2013 financial year, which is the best performance by any capital city.
The investment property guide also shows that the median house price in the Perth property investment market increased by 3.2% in the June quarter which is the biggest quarterly rise since December 2009 and Perth’s median house price has now risen for six consecutive quarters to an all-time high of $584,487.
Increased investor activity is a key ingredient in a rising property investment market driven by solid yields, low borrowing and deposit rates plus competitive finance. The volatility and underperformance of the stockmarket, plus a real prospect for capital gains in the property market, is driving more and more investors towards property investment. When you take this into account, the advantages of having an investment property become clear thanks to our guide to investment property.
Like we at Investor Assist have been saying for quite some time now, there are many exciting investment opportunities to be found in the property market in Australia and so many advantages of having an investment property.
We act as your investment property guide. We are offering a range of opportunities across the state, including basic house and land packages for as little as $363,000*.
If you are thinking about property investment benefits, come along to an information event or chat to one of our Property Specialists and use us as your guide to investment property. Learn property investment strategies with us.
It won't cost you a thing but it's worth the effort to become part of the property investment market in Australia.
DISCLAIMER: *Terms and Conditions apply. Pricing subject to change. For full details and package inclusions, contact an Investor Assist Property Investment Specialist. This information is of a general nature only and does not constitute professional advice. We strongly recommend that you seek your own professional advice in relation to your particular circumstances. Source: Domain Housing Market Report Update.