iscover
Staff Reporter
The residential real estate market will see an upswing in investment activity regardless of who is announced as the country's federal leader, according to First National Real Estate CEO Ray Ellis.
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"Regardless of the political outcome, property will remain a strong contender for the investment dollar," Mr Ellis said.
According to Mr Ellis, strong rental yields coupled with good buying conditions are creating a "perfect market" for investors to build their wealth through property.
"There are many advantages to investing in property and at the start of a new financial year, when people's minds are on tax, investors should look at capitalising on the tax advantages in particular," he said.
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