How to get your foot on the property investment ladder
Competitive property prices mean first-time investors are now in a better position to purchase their first property.
Blogger: Paul Bennion, managing director, DEPPRO
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The latest national property figures show that prices in most capital cities in Australia are now moderating, even in boom areas such as Sydney and Melbourne.
More competitive property prices means more first-time property investors are now in a better position to get their first foot on the property investment ladder.
This is particularly the case in capital cities such as Brisbane, where the median house price is still below $500,000.
If you are considering buying an investment property for the first time, then you should consider the following points:
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