Interest rates at 50 year lows Rent returns high cashflow positive property to choose from Less buyers at present
It's debatable as to whether this is the bottom....
however I dont think rates will drop much more...
even if the RBA does...the banks may not pass much on from this point....as seen just this week.
So fixing over the next 6 months is the time to do it imo.
If you can get low to mid 5's I think thats a good result.
I think we will have major supply issues in 18 months time which will be the start of the next property run.
Until then its the time to be on the lookout for cashflow positive, well positioned properties with good short term cashflow and long term capital growth prospects close to new development/infastructure and the like.
Each to their own.....but really does it get much better?
