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It’s important for property investors to keep on top of events and changes that can have an impact on our real estate 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.
Cash Flow Properties on the Rise
“Low interest rates and reduced first home buyer activity have made it easier for investors to find cash flow positive properties,” reports Smart Property Investment magazine.
In a conversation with SPI, Smartline Personal Mortgage Adviser’s Executive Director, Joe Siranni, says that, “While there is widespread talk of a lack of consumer and business confidence, we are not seeing this at all.”
“The combination of very low interest rates and growing rental income returns has created a favourable environment for investors and we are experiencing plenty of activity in the investor segment of the property market,” continued Siranni.
RP Data Auction comments, Melbourne: Week ending 22nd September 2013
Reporting on the Melbourne marketplace, Victoria Housing Market Specialist, Robert Larocca, is optimistic about the Melbourne marketplace.
Says Larocca, “The number of new listings being prepared for the market continues to rise with Victoria leading the nation with a 7.9 per cent rise over the past month in seasonally adjusted terms.”
Even more interesting, Larocca also states that, “The underlying health of the market is highlighted by the fact there have now been 8 consecutive weeks with a clearance rate in excess of 70%!”
To find out what else could be in store for the Melbourne market click here.
Survey reveals top buyer turn-offs
Finally, if you’re in the market to sell one or more investment properties, it’s worth your time to have a look at your property through a potential buyer’s eyes.
Aussie Home Loan surveyed 1,000 Australians, asking them what appealed to them most about a home as well as those factors that are a major turn-off. The results are a bit surprising.
For example, everyone knows that a quick kitchen and/or bathroom touch-up is very appealing, but did you know that 69.1% of prospective buyers rank cigarette smells as their number one turn-off? For the younger set – 25 to 34 year olds – even more (71.9%) felt this way!
To find out the top ten turn-offs and the top ten turn-ons click here!
Have a great weekend, and if you enjoyed this list, please share it with your friends by clicking a social link button to the left of this article.