Astute Investors are coming back into the residential investment market as rents are rising, and the prospect of further rent increases remains strong. Interest rates are attractively low, and values remain static.
Feilding investment returns are better than in most larger cities.
The Government’s changed depreciation allowances took Investors out of the market for a while, largely because of the uncertainty. Now that so many factors favour the Investor, we are seeing a return. First home buyers out number Investors at present, but the dynamics are changing.
Residential property is an investment that you remain in control of, and you can improve it. Over time there has always been capital gain. Over the last 40 years, values have doubled on average every 8 years.
We expect more Investors to take advantage of the good buying conditions this year.
Kind regards, Michael