Property Update June 2023
Welcome to the New Australian Property Market.
With the new changes the Real Estate Market in going though now investors now need to change location and type of investment property to obtain best results and rental returns.
Also Large Manages Fund Companies are buying into residential market to obtain high returns than in commercial real estate as it gets lower returns..
They have purchase large number of units in various project in Australia, Port Headland WA, Southport Qld with returns of rentals of around 10%
Follow the money.
Example Port headlands WA.
1 Bedroom from $645,000 approx rents up to $91,857 P/A*
2 Bedroom from $955,000 approx rents up to $117,230 P/A*
3 Bedroom from $1,225,000 approx rents up to $131,000 P/A*
WA.
Lake Lands, Perth - Brand New Completed NDIS Houses.
Price $545,000 - RENTS $750.00 PER WEEK* (Includes 5 year rental guarantee*)
Qld. Southport
Units Project with high rental returns. From 6-8%
One Bedroom from $480,000 approx. rent $655 per week 7% rentals
Two Bedroom from $655,000 approx. rent $875 per week 7% rentals
This year will have some great opportunities in Real Estate, you just know where to look and understand the market.
First stop listening the media as they have their own agender.
The Australian property market has changed.
The Australian market has never seen so many changes all at the same time than in the last few years.
The new change is now interest rates increasing affecting people’s ability to buy a new home or investment property.
However, with higher interest rates and higher inflation, including shortage of available land we can look forward to higher prices in outer areas which are expanding, similar to 30 years ago when the country was in a similar position
More buyers will be forced out of the market if they do not act now, as their borrowing capacities reduce and land prices increase.
Contact me now and discuss your situation and how you can start in investing in real estate.
I have properties located across Australia.
Ask about my HOT TIPS.
Barry Ison