The 15 best investment tips from our Spring Property Outlook Survey
The recently polled readers of Property Observer are generally quite optimistic about the spring property outlook.
Almost half (48%) expect house prices to rise over the next year. Some 31% expect no change and 21% expect prices to fall.
While seeking capital growth over rental yield (60% to 40%), they are even more expectant of rising rents, with 61% expecting house rents to rise over the next year.
On the financing front most expect interest rates to continue to fall over the next six months. Some 35% of respondents expect interest rates to fall by 25 basis points in the next six months, followed by 28% who expect them to fall by 50 basis points.
Auctions aren't in favour, with 71% saying the best way to sell presently is by private treaty.
Some 84% suggest its a spring buyers' market.
Property Observer, in association with realestateVIEW.com.au, asked readers to give their best property investment tips. Here's 15 that took our fancy.
The winning tip:
- Elise in Perth
Runners-up (in no particular order) on following pages
The runners-up (in no particular order):
- Fiona in Sydney
- Sarah in Melbourne
- Rhys in Sydney
- Susan in Melbourne
- Nathan in Sydney
- Minh in Melbourne
- Cedric in Melbourne
- Paolo in Brisbane
- Pece in Melbourne
- Kath in Adelaide
- Glenn in Melbourne
- Andrew in Sydney
- Adam in Melbourne
- Sandro in Adelaide
