RSS FeedsGood Investment Opportunities in Every Market
Good Investment Opportunities in Every Market
September 15, 2009
With strong signs that the real estate market is picking up again, particularly in Australia and New Zealand, many investors are wondering whether they may already have missed the boat. True, interest rates remain at an all-time low and sellers who have to move have had to reduce their asking prices to get a sale, but all is not lost – yet.
There are still good investment opportunities in every market, however, one area in Australia that currently offers excellent opportunities is Tasmania. Asking prices remain low, rental demand continues to soar; it is now actually cheaper to buy than to rent in many Tasmanian suburbs, such as New Norfolk, Derwent Park, Strahan, Railton, Shorewell Park, Campbell Town and Rocherlea.
Tasmania also has the highest percentage of affordable homes for first-home owners in proximity to a capital city, with 11 areas, including Kingston Beach and Moonah, falling into this category.
Many real estate investors are also beginning to investigate opportunities in overseas countries as well, and as we are a participant in RELOHomeSearch.com, a global home listings website, this gives investors access to literally millions of listings in over 30 countries. With our membership in Leading Real Estate Companies of the World, we can put you in touch with the very best real estate people in those global markets.
If you’re thinking of taking advantage of the current affordability of investment property in your market, in Tasmania or anywhere else in the World, talk to Harcourts now!
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