Wilson Finance Solutions
Australians have long had a love affair with property, and it doesn’t just stem from the need to have a roof over their head. Many Australians see investment in property as a way to set them up in retirement.
However, in the last couple of months, there have been a raft of regulatory and government changes that have directly impacted property investors.
Along with rising property prices, the market has become increasingly complex. If you’re thinking of investing in property you may be wondering if it’s still a good idea.
The good news is yes, now is still a great time to be an investor.
Despite many of Australia’s lenders tightening their policies and pricing on their investment products, there are still other lenders hungry for business from investors.
If you have your finances sorted out and have stable employment there is no reason why you can’t make your property investment goals a reality. You’ll need to have saved a sufficient deposit or have a good chunk of equity in your current home.
You may receive conflicting advice on whether to buy a brand new or an established property. There are pros and cons to each. It’s definitely worth speaking with a property development expert, as what is best for someone else may not be best for you.
One of the benefits of property investing is that it is not difficult to get started. Of course, if you wish to maximise your success, you need to do your due diligence so you make the most of your