I read a very timely post this morning about how many Australians are going to be spending their vacation time … locally … with many holiday locations expected to have the ‘zero vacancies’ signs out over the Christmas period.
The article also says landlords have had a difficult time with finance these past few years, as the government wanted to “cool” the property market, now that action is now a reality with rental vacancies of 1.5 per cent, down from 2.1 per cent a year ago, resulting in surging asking rents, especially for detached houses.
As international students return and new migrants begin arriving again, and eventually tourists additionally, we can expect to see rental vacancies falling to record low levels in many suburban and regional locations.
Buying or building an Investment property will be more active in 2022, however, as this is the fastest growth we’ve seen in asking rents for about a decade-and-a-half.
If you are looking to be a property investor – chat to an experienced and mortgage broker specialising in investment strategy – for those on a salary – or those self employed.
https://broker.marketing/appointment
Stay safe and enjoy the festive season
You man read the full article – courtesy of BuyersBuyers
#interestrates
#mortgagebrokers
#developmentfinance
#propertyinvestors
#constructionloans
Photo by Julia Ivanina on Unsplash
