Competition heating up for investment properties

Are you:
  • New to Property?
  • Single Property Owner?
  • Seasioned Property Investor?
"Property buyers . . . on your mark, get set, go."

This was the headline on March 23, 2009 on news.com.au.

Housing has not been so affodable in Australia for some time. The combination of reduced house prices, rising rents, low interest rates and the First Home Owners grant is heating up competition between investors and first home owners.

The article goes on to say:

"But some potential buyers, both investors and owner occupiers, are still holding back because of uncertainty about the economy and job security.

This is only making prices and choices even better for those people with funds to buy. The window, however, could be about to shut.

According to economic forecaster BIS Shrapnel investors and first home buyers are now the two biggest competitive forces in the housing market.

Rising rents and low interest rates are creating perfect conditions for both groups, according to BIS Shrapnel senior economist Jason Anderson."

Indeed, our property sources inform us that sales, particularly at the lower end of the market, are steady, with many real estate agents in our area finding it difficult to source stock.

We recommend Investors who are serious about acquiring property to seek professional advice now.Whether you are new to property, a single property owner or seasoned investor, My Tax Zone can help build your property portfolio. For investors, locating suitable properties can be an overwhelming task. My Tax Zone's network can short list investment properties to suit your personal circumstances. Our supportive team has the GENUINE expertise, professionalism and experience to assist you to build your property portfolio. Simply complete the online enquiry form abovet and leave the rest to us.

You can benefit from submitting the online form as your enquiry will entitle you to a FREE review of your existing property portfolio or a FREE indicitive PIA (Property Investment Analysis) of properties proposed.

Contact David Maynard or David Fong on 07 3208 3888 or complete the online form in this post.

By David Maynard


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