There is be much talk around affordability of property these days, from federal and state Government, to people on the streets. However, this concerns the Sydney and Melbourne markets only. We do not agree with the idea it is hard to get affordable investment properties in high growth experiencing areas or regions expected to have strong growth in the future.
The majority of Australia continues to be affordable, even when the entry point in markets like Sydney and Melbourne are higher than average. With proper research and planning, you can still invest in positive cash flow (read our previous blogs to get more idea about positive cash flow properties) which are affordable. The question we ask is; would you call a dual income property, which generates around $580 a week as rent, located 30 minutes from the CBD for $484,000 affordable? Absolutely you would.
For long, our research has identified markets where affordable investment properties are inaccessible. Not only is the point of entry lower, employment driven population growth owing to Government investment in infrastructure projects ensures high capital growth potential in these areas. Even young Sydney and Melbourne professionals who live in rental homes or ‘rentvestors’ as you make know them as use their savings to invest in these properties. If you have equity in your own home or your investment properties, you should consider using it and be a part of the next property boom in these identified affordable markets.
The Government is investing millions in regions that we recommend towards motorways and road upgrades, town centre constructions, hospitals, train hubs and more. As a direct result, large numbers of new jobs are being created. There is also strong participation by the private sector owing to the construction of various business parks, that will utilise those infrastructure upgrades to relocate their businesses. This employment driven population growth along with new infrastructure development should lead to significant capital growth.
Is accessing our research expensive? The logical next question. The best part is even that is very affordable as we do not charge you for the research. All you need to do is, talk to us. You do not need to come to our office; we come to meet you. The meeting can be at a time suitable to you, during or after working hours, weekday or on weekends. Want to know more, call us on 1300 66 77 24, or email This email address is being protected from spambots. You need JavaScript enabled to view it. to set up an obligation free meeting. We will assess your situation and recommend the best investment for you.