Right Group, Australia
 

Slower Market has Some interesting opportunities

The present state of the property market is not all doom and gloom. There are many opportunities that are there for the taking, just because of the way the market is.

And of course, there is always those areas of growth that still chugs away unnoticed by mainstream investors, largely so because most have not relooked at their investment strategies with the slower market.

Naturally, as the market slows, fewer and fewer new investors buy property, and fewer developers build, as they see this as high risk. As there are less rental properties available, demand for rentals goes up, along with the rent, which increases your return. This combined with developers and vendors ready to discount their properties to get a quick sale is great for the would be investor, and indeed the first home buyer.

The crux is getting your financing right so that you are able to ride the potentially slower periods and dropping values using the equity that you have built up in your existing properties.

The other thing that you must do is ensure that all your safety nets, in terms of mortgage protection, and income protection insurance, is in place so that you are well covered should the unexpected happen.

If you do not have these safety nets in place, or are looking at investing or even buying your new home, give me a call on 1300 302 166 for a quick chat.


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