Buying and selling property often occurs within a vacuum, where the market is more favourable to one or the other. For investors, watching these cyclic movements is the best way to figure out the optimum time to move into the real estate market, or when to make an exit.
The latest BIS Shrapnel release has illustrated that continued residential market growth across the nation can be expected over the next few years – great news for you if you're interested in purchasing investment property in Carlton in the near future.
So – what's the reason behind this? Sustained low interest rates and the tight movements of the markets across Australia's capital cities have allowed for strong purchasing power and even stronger value growth. BIS Shrapnel senior manager Angie Zigomanis said the affordability of real estate at the moment is still low enough to maintain this growth until at least 2016.
Furthermore, population strains across the nation will also lend a hand to this growth – especially as the need for rental properties begins to rise. This could present the perfect opportunity for you to pursue your dreams of becoming a property investor and give you a chance to secure a slice of the market today!