This is where people who require a home to RENT will seek to live.
When buying investment real estate it is important to by wholesale not through the retail realestate.com websites
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In Australia today we have a shortage of available rental properties. This is so, across the length and breadth of Australia. There is a line of interested tenants 30 to 40 meters ;long to inspect most rental property that become vacant. This is going to get even worse in coming months as the government has announced that we will be taking in 1.5 million more immigrants over the next five years. Where are they going to live and what will that do to house prices? It is more likely that house prices will rise. It is obvious that we will need to increase the numbers of new housing projects to cope with the already stretched demand. Despite interest rate rises build process will not get cheaper. Now is the time to buy.
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Great News
This is great news for you! Here at First & Main we specialise in finding experienced or first time investors the right investment properties in the right locations of the fastest growing areas in Australia. Rarely will these properties find their way onto realestate.com.au because we provide the developers with readily available clients eliminating their need to advertise on real estate websites.
More great news
Regardless of the recent interest rate rises people will still need to rent properties. When you purchase a house to live in the interest rate is very important because you do not get any tax relief from the interest you pay on your own home.
Did you know?
The interest you pay on an investment property is Tax deductible!
When you purchase an investment property it does not matter what the interest rate is because you will pay more interest but less Tax. There are also other tax advantages available to you as a property investor.
The time to buy is now before the forecast property boom begins and you have to pay more for the investment property you can buy today.
Surf our website and contact us Today to discuss all of your options.