It's great to see a return of confidence among market players. Real estate agents from all corners of the country are reporting surging activity from first homebuyers, home upgraders and investors.
Unfortunately, the recent feverish market activity has got some experts concerned that over exuberance is once again rearing its ugly head. This is particularly dangerous at this time of the cycle. Experts worry that the inflated prices will drive buyers to take on larger loans, which would make them particularly vulnerable for the inevitable rate hikes.
It's hard not to get excited when you see numbers continue to improve, it's important for investors to remain calm, careful and consistent in their property strategies. To help keep investment decisions rational, this month we investigate the best property locations to carry you into and through the next big boom cycle. We reveal the safest property markets with strong yields and growth potential.
Many people believe that following migration trends is a good way to pick the next property boom hotspot. In this issue of Your Investment Property magazine, we examine migration patterns to find out if house prices really do follow migration trends and discover that there is more to this issue that seen at first glance.
We also carefully review what's hot and what's not in the rental market to help you choose your next investment property.
The alternative to buying new investment properties is to upgrade existing investments. Improving a property can provide significantly improved capital gain ratios than speculating on an upcoming property price boom. To help, we have compiled a list of 10 crucial steps to take before renovating. We also reveal twelve secrets of getting the most from your tradies.
Even though the property markets looks as if they are once again moving in a positive territory, investors with cool heads will reap the hottest profits over the long term.