Molonski,
I'm in Adelaide and Vacancy rates are extremely low here. Prices are being maintained here but taking a little longer than the boom times. We cannot sustain the above 20% growth of previous years & require this levelling out to then move onto slow steady growth.
You need a long term view & the best way to increase wealth is by increasing your asset base as quick as you can. Property is the only vehicle that this can be done as the Banks are happy to lend upto 80%.
all the best with your wealth creation!
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Molonski,I'm in Adelaide and Vacancy rates are extremely low...
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