RCR Finance Bulletin # 2 - Wednesday, 26 September 2007

Property Investor Market On The Move

According to the Australian Bureau of Statistics’ (ABS) latest figures as at the end of June 2007, the housing market’s recovery was being led by enthusiastic property investors.

Total national housing finance approvals jumped by 9.2 per cent in June alone compared to the previous month. This was the 7th consecutive monthly increase in national housing finance approvals.

Compared to these robust figures for overall housing finance, property investors were streaking back to the market in June with housing commitments leaping by 14.8 per cent from May to June.

Commentators believed that investors were being drawn back to the market by low vacancy rates, the prospect of high rental yields, and the fact that the tax effective lump sum superannuation contribution deadline had passed.

The Reserve Bank of Australia (RBA) recently raised official interest rates by 0.25% pa and has signalled the potential for further interest rate rises. It remains to be seen, as more information becomes available from the RBA over the coming months, what impact this may have on property investment activity.

With property investment again becoming attractive, it’s more important than ever for those who want to build wealth through property investment to do so under the professional advice and guidance of an experienced and highly skilled Property Investment Finance Strategist.

Robert Rollfink at RCR Finance is both a passionate property investor and an experienced and highly skilled Property Investment Finance Strategist who has guided many clients to significant wealth through the accumulation of multiple properties through careful and often complex finance structuring.

Always remember this........."Property is a vehicle toward wealth creation........but finance is the key". Getting the finance right is pivotal to your success.