Ensure you never miss an issue of the
real estate business bulletin
Best market for investors: PIPA

Best market for investors: PIPA

by Reporter 0 comments

Investors who fail to take advantage of the property market could regret it, the Property Investment Professionals of Australia (PIPA) has claimed.

“You can’t deny it – the opportunity for investment in property is incredibly attractive right now,” said PIPA chair Ben Kingsley.

“Another rate cut this month has brought the cash rate down to a historic low of 2.5 per cent and home loan interest rates have hit very alluring levels as a result.

“For investors, this translates into lower costs and better returns and for aspiring investors, it could mean that all important first purchase is now a very real possibility.”

Mr Kingsley said current fixed rate home loans are at historically low levels, making the cost of borrowing money cheaper for investors.

“A fixed rate is a popular choice for investors who want cash flow that doesn’t ebb and flow, and right now we are in the rare position of seeing fixed rate products with rates of interest lower than variable rate products,” he said.

With general sentiment and media commentary around property turning positive and property prices starting to show patchy increases, investors would be smart to consider a purchase now, before this opportunity disappears, Mr Kingsley said.

“That said, it’s critical investors keep a cool head. The worst investment decisions are often made on a whim or with little research, so the proper due diligence steps, including seeking out expert advice, are a must,” he advised.

Best market for investors: PIPA
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?