INVESTING IN PROPERTY The future looks positive

(Contributed Article)

So when is the right time to buy? Well as they say 10 years ago but we can’t turn back the clock. So the next best time is probably now and this appears to be supported by the positive research conducted by BIS Shrapnel earlier this year. BIS Shrapnel’s graph below forecasts the median property prices in Melbourne, Sydney and Adelaide are anticipated to rise by 19% over the next 3 years.

Map Real Estate is a fully licensed real estate business based in Melbourne that specialises in servicing investor client’s needs. We provide a professional service to help clients acquire a quality investment property and saves them time. We provide Property Management services with both fully furnished and unfurnished properties and are always trying to maximise the rental yields for our landlords.

Map’s practical experience in the Melbourne property market, is seeing first hand the strength in the rental market, the shortage of rental properties and the increasing of rents. In regards the supply of properties, developers are finding it difficult to source development sites, obtain permits, obtain finance and construction costs are increasing, which is all contributing to demand for property being greater than supply. Consequently prices continue to increase. In the last 2 years Melbourne has attracted over 150,000 permanent new residents from overseas and interstate – higher than any other capital city. This is almost 1,500 people per week commencing to rent or buy in the Melbourne market.

We currently have a select range of property opportunities for clients which offer significant stamp duty savings. We have conducted research and due-diligence on the location, price, quality, rental returns and depreciation allowances of these properties.

If you are in the market to buy an investment property or would like to discuss any of our services further, we look forward to your contact.
Michael Furlong, Director, Map Real Estate
E :[email protected]
W : www.maprealestate.com.au
P : 03 9420 0777

Disclaimer: Transport Finance suggests that you should do your own independent research and seek advice before acting on any information included in this newsletter

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