Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

2011: the year of the investor

Staff Reporter 3 minute read

Jessica Darnbrough

Flatter property prices are likely to suit investors moving forward.

According to recent research by RP Data, property prices grew by 4.7 per cent over 2010, significantly lower than the 20 per cent achieved in 2009.

But while the flatter prices will make for uninspiring capital gains, RESI’s chief executive officer Lisa Montgomery told Market Focus that investors will continue to benefit from a tighter rental market.

Advertisement
Advertisement

Nationally, gross yields for apartments and houses are 4.7 per cent and 4.0 per cent respectively.

First home buyers have well and truly pulled back from the market and are looking to rent, pushing vacancy rates lower.

“Investors are actually sitting in the wings right now. They are waiting to see what is happening with property prices and with interest rates,” she said.

“This year we will see an increase in rates, but those savvy property investors that have prepared themselves to get into the market, will take advantage of the flatter property prices.”

2011: the year of the investor
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

PROMOTED CONTENT


default

 

more from the adviser
BBS 2021 ta SA/NT’s top brokers crowned

The leading brokers in South Australia and the Northern Territory...

Paul Kearney ta AFCA recruits from ME Bank

The complaints authority has named a new executive general manage...

couple house sold buyers ta Hot Property: The biggest property headlines from the week 14-18 June

The weekly round-up of the biggest news stories from across Momen...