Now is the time to become involved in property investment and to consider buying investment property as interest rates hit a record low and housing prices are starting to climb.
The RBA has cut the cash rate to a record low of 2.5% to stimulate economic growth and moderate commodity prices.
Investors who are looking for a place to put their cash go with the logical solution and put it in the housing market through property investment.
It’s a great time to consider buying investment property with house prices predicted to continue to rise. Supply is yet to meet demand for housing which will be driving the economy for the next 12 to 18 months.
With the RBA looking to the housing market to offset fading resource investment, and with higher investment yields in the property market, now is the time to consider buying investment property or to start to seek advice on whether property investment is a viable strategy for you.