If you’re looking to invest in real estate in Carnegie, now could be the perfect time to take advantage of low interest home loans according to the latest Homeowner Intentions Survey, conducted by Mortgage Choice.
The results showed that over a quarter (26 per cent) of respondents indicated that they would like to invest in property. And from that quarter, 56 per cent said they would like to begin their investment portfolio within the next two years.
One of the reasons suggested in the survey for this increasing willingness to invest is to take advantage of the low interest rate, as well as an overall feeling of confidence in the housing market.
Furthermore, the survey highlighted the most popular investment strategy among Australians – purchasing an average property in a predicted property hotspot, with the intention of getting a slice of future popular real estate.
Getting in contact with a real estate agent will help you with planning your property investment. They will be well aware of historical trends, and future predicted hotspots in their area.
If you’re interested in starting your property portfolio, get in contact with the team at Ray White Carnegie. Their expertise and experience in the area will help to give you good knowledge of the area and get you started on the property ownership ladder.
Melbourne’s rental market remains one of the most competitive and priciest in Australia, even as overall growth rates have softened in recent months. While some data shows quarterly changes easing or stabilising, rental levels are still significantly elevated compared to pre-pandemic norms — and many of the forces that drove … Read more
As the days grow shorter and the air turns crisp, fall is the perfect time to reset your home and prepare for the cooler months ahead. A little seasonal preparation not only keeps your space comfortable and efficient but also helps protect your home from wear and tear. Here’s how … Read more