“SWEET 16” AND HARD TO RE­SIST…..

Western Suburbs Weekly - - RESIDENTIAL -

Okay, so now we’re into a new year and 2016 could not be sweeter for any­one think­ing of buy­ing into the Prop­erty Mar­ket…in fact how could you re­sist? Prices are at their low­est for the last 10 years. In­ter­est rates are at their low­est, and peo­ple look­ing for prop­erty is at its low­est. Crazy! that are out there buy­ing prop­erty right now…are the oth­ers wait­ing for prop­erty to go up be­fore they buy? Any­way, the ques­tion is not whether to buy prop­erty right now as that’s a “no brainer”, it’s what sort of prop­erty to buy right now that cir­cum­stances.

Here is my list of peo­ple who should be buy­ing and why:

1. Peo­ple look­ing to upgrade or up­size their cur­rent home

There are some re­ally ex­cel­lent ranges, and now is the time to leap on those. So if it’s an upgrade you’re look­ing for do it now, be­cause the chances are that what you’re sell­ing has not been af­fected by this down­turn nearly as much as the one you are buy­ing has been.

2. Cou­ples plan­ning

to down­size in around 5-10 years

Buy the down­sizer now, and rent Who knows what prices will be in like 5 years’ time, and you could

thou­sand if you do it now – plus it pay it off in the mean­time.

3. First Home Buy­ers

Start get­ting other peo­ple to pay off your prop­er­ties for you as soon as pos­si­ble! 4. Peo­ple pay­ing too much tax Why pay it to the tax man when you can put that money into a prop­erty you own? This is where

you but hurry up be­fore they close that could pro­duce an­other in­come for you. Buy some­thing with those in­come that will then pay for it­self! Re­mem­ber, it’s al­ways other peo­ple’s money that will make you wealthy, cer­tainly can make good money in Aus­tralia – you’re just not al­lowed to

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.