Perth: top spot for residential property investment

Font size :
In this bi-annual survey, regarding the individual investment intentions of the Australian public, almost the half of respondents (49%) nominated Perth as the most desirable location in which to invest in residential property; followed by Brisbane (23%) and Sydney (10%). "It was recently revealed that Perth's median house price is likely to top that of Sydney by Christmas - and the survey results suggest that investors expect these prices to be sustained into the foreseeable future" said Luis Garcia, director of Elderslie Finance Corporation. The review also highlighted the fact that residential property has become more unpopular on the grounds of expected increase of interest rates by investors. When compared with other investment classes, residential property was somewhat out of favour with investors. Whereas international shares were previously the most unpopular investments, the latest results indicate that residential property was the least appealing investment class. The most appealing class in Spring 2006 was fixed interest investments - preferred by 36% of respondents. The survey also found that for the majority of investors (68%) security is still essential for investment, as indicated in the last three surveys.

It can be confusing to know whether to get a variable rate or fixed rate mortgage, and what features are important. That's why it's important to not only check the right rates, but make sure that you're getting the right features in your home loan. Get help choosing the right home loan

Mortgage News and Articles

How to tell when a housing market is cooling How to tell when a housing market is cooling

You need to check clearance rates, listings, and the price gap, among other factors Read more

Growing demand for green apartments in Sydney Growing demand for green apartments in Sydney Both owner-occupiers and investors favour eco-friendly buildings for their energy-saving features and reduced environmental footprint ... Read more

Are property investors as rich as they appear? Are property investors as rich as they appear? A multi-property portfolio doesn’t guarantee easy millions ... Read more

Be proactive about getting a better mortgage deal Be proactive about getting a better mortgage deal Apathy could be costing you a considerable amount of money over the lifespan of your loan ... Read more

More mortgage news and articles

Sponsored Links

Wednesday, Sep 20, 2017
Top Featured Rates
Top Bank Rates

Get help choosing the right home loan

Let us help you find the right home loan for your needs.

Tell us a bit about your circumstances:
  • Purpose of mortgage
  • Household Income
    $
  • How much do you want to borrow?
    $
  • How much deposit do you have?
    $
  • How much is your house worth?
    $
  • How much do you still owe on your mortgage?
    $
  • What type of mortgage do you have?


  • How much is your new home?
    $
  • How much do you want to borrow?
    $
  • How soon do you want a mortgage?
Next
  • First name
  • Last name
  • Where do you live?
  • Phone number

Special Offers

Related Keywords