News.com.au Property story Investors win as rents set to rise By Karina Barrymore From: News Limited newspapers February 15, 2010 7:16AM The number of people intending to become property investors has almost doubled during the past year I File • Investment properties back in demand • Investors keen to buy before price rises • Rising rents mean higher returns With demand for rental properties set to soar this year, experts are urging investors and renters to get in now ahead of an expected price rise. Property investors are gearing up for a bumper year as big rent increases and strong capital gains are expected to offer double-whammy returns during 2010. Demand for rental properties, from both investors and tenants, is expected to surge during the next few months as people attempt to lock in properties before prices rise even further. Latest research from Resi Mortgage Corporation has found the number of people intending to become property investors has almost doubled… Read More
Archives for February 2010
Money Magazine page 1 Money Magazine page 2 Money Magazine page 3 investors set to return to Australian Property Market
At its meeting today the Reserve Bank left interest rates alone choosing to wait and see what the effect the 3 rises in October, November and December have had on the economy. The decision to leave rates on hold came as a surprise to economists with some 80% of economists prediction rates to rise by 25 basis points. Cash rate remains unchanged at 3.75%.
Link to HTW month in review – ill make a point of adding these to the site as they are published. http://www.htw.com.au/Downloads/Files/202-February-2010-Month-In-Review.pdf