Official interest rates stayed level at 2% again this week and look like staying low for some time (or even falling further). This is indeed very interesting if you own an investment property.
Many people think the property market is controlled by interest rates but recently we have seen Sydney post negative growth while Brisbane is going ahead steadily. There is clearly more going on here.
Supply and demand ultimately control any market and property is no different. Sure, things like interest rates, employment, business growth and even politics all affect the market but it’s not one factor alone.
The Sydney market has topped and pulled back in recent months so southern buyers are increasingly looking at SE Qld. Properties around Brisbane and the Sunshine Coast are relatively cheap with good rental returns and continuing capital growth. At Investment Property HQ we have some dual occupancy houses in strong growth areas of Brisbane with over 6.5% rental return so this pays the mortgage and then some!
Want to know if you can grab an investment property and let the tenants pay if off for you? Find out now. We’ll let you know what you can borrow and afford to buy. Then make an informed decision.
Pim Stort has well over 20 years experience as a professional investment adviser. Now he’s available at to help you determine what you can do to improve your financial standing. No cost and no obligation at all. Take advantage of this offer now and give Pim a call on 0412 542 316 anytime 7 days or contact us at iphq.com.au. Take the step because no one else will take it for you!