Figures by Australian Property Monitors show house prices grew by 2.4 per cent in the three months to June, with evidence that investors are throwing money at the affordable end of the market. According to Jason Anderson, senior economist at BIS Shrapnel, Melbourne, leading the nation with 4.4 per cent growth in house prices for the quarter, has had the most benefit from investors over the past 12 months. With the decline of the first-home buyer stimulus and resilience to rising interest rates, investors are playing an even bigger role in the market, taking the place of owner-occupiers at lower price ranges.
We are all aware that capital returns vary according to the market in which we invest and property chosen in the correct location can offer excellent returns. At Optim Financial it is our aim to make your property investment plans become a reality. If you would like to discuss the opportunity to purchase an investment property please contact us.
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