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As savvy property investors it’s important to keep on top of events and changes which can have an impact on our property investments. There are so many analyses, opinions and articles about investing in property out there that it can be tough trying to keep up with what’s happening in property. I’d like to take a moment to share some of the more interesting articles I’ve come across this week.
- The monthly update for June released by RP Data’s Tim Lawless discusses the drop in dwelling values for the month of May of 1.2%. Says Lawless, “The 1.7% fall in values over the last two months comes at a time when a variety of other housing market indicators are suggesting the market’s experiencing much more robust conditions.”
- Property investors have a great new option in Perth. Smart Property Investment Magazine’s Jennifer Duke recently reported some changes happening in Perth.“In the Town of Cambridge, a recent Housing Options Brochure is providing information to residents about how to design their home so that it can be separated into two dwellings, with the potential of renting them out at a later stage.“Don’t be afraid to build two homes in one house,” the new plans explain. “You can move into one self-contained part of the house and rent out the other part, or have a family member move into the other part.”
- Terry Ryder, hotspotting.com.au, discusses the results of a recent Mortgage Choice Survey which shows some promising signs that consumer confidence is gaining.Reports Ryder, “Over half of Australian home owners plan to buy in the next two years, according to a survey by Mortgage Choice.The 2013 Homeowner Intentions Survey found that 56% intend to buy in the next two years, with 26% planning to buy an investment property.”
- Yet again, with his characteristic wit, Terry Ryder debunks all of the gloom and doom that seems to permeate every corner of the country in his article titled “Despite Media Misinformation, Western Australia Remains National Growth Leader”.
Says Ryder, “I’ve examined a range of economic indicators and they all show WA is the polar opposite of a state in recession. Out of nine indicators, it leads the nation on four, is second on another and third on the other four.”
Have a great weekend, and if you enjoyed this list, please share it with your friends by clicking a social link button to the right of this article.