More tak­ing con­trol of in­vest­ment

The Weekend Post - Real Estate - - Front Page -

I DEAL with prop­erty in­vestors on a daily ba­sis through prop­erty man­age­ment or show­cas­ing op­por­tu­ni­ties in pop­u­lar in­vest­ment ar­eas such as Edge Hill, Parramatta Park or Cairns North.

What many cur­rent and po­ten­tial in­vestors have re­alised is the com­bi­na­tion of mar­ket con­di­tions (a record low RBA cash rate and bot­tomed prop­erty prices) has cre­ated healthy rental yields for peo­ple with Self-Man­aged Su­per Funds (SMSFs).

The pop­u­lar­ity of SMSFs has in­creased as peo­ple seek out more au­ton­omy in their in­vest­ment de­ci­sions.

Aus­tralia is cur­rently clos­ing in on 500,000 SMSFs, which rep­re­sents about $500 bil­lion in to­tal as­sets.

Fi­nance is still, none­the­less, very ac­ces­si­ble for in­vestors

Since Oc­to­ber 2011, the RBA has tended to lower the of­fi­cial cash rate to stim­u­late the do­mes­tic econ­omy.

Even though June’s meet­ing of the RBA board main­tained the cash rate at its cur­rent level, fi­nance is still, none­the­less, very ac­ces­si­ble for in­vestors.

Prop­erty in­vest­ment of­fers a reg­u­lar in­come stream for SMSFs.

Prop­erty man­agers can source ap­pro­pri­ate and rep­utable ten­ants for agreed lease times, man­age trades­peo­ple for prop­erty im­prove­ments and pro­vide the nec­es­sary pa­per­work for SMSFs, al­low­ing them peace of mind and the time to con­cen­trate on other in­vest­ment ven­tures. Ross Moller, prin­ci­pal, LJ Hooker Cairns Edge Hill

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