22 May 2013
Time to buy investment property Investment activity is strong in the current market, with excellent borrowing conditions and record low interest rates drawing investors back to real estate. Self-managed super funds and negative gearing remain attractive options for many investors building or establishing a property portfolio. Accessibility to finance, or cheap money in investment parlance, is just one of the factors behind the resurgence of activity. Across Melbourne there are many pockets of good value, high quality properties that have the potential deliver good rental returns to owners. With a little leg work, there are plenty of good value investment opportunities to be found in the market. Older style apartments and period homes are perennial favourites, particularly those that enjoy close proximity to schools, shops and transport. The current window of opportunity won’t last indefinitely however, and prices are already beginning to move as competition amongst buyers heats up and clearance rates rise. Don’t miss your chance. For help finding a quality investment property in your chosen location, contact us today.
Greg Hocking