All tagged investing
Instead of solely focusing on interest rate predictions, concentrate on your own financial preparedness and the specific market conditions in Western Sydney. Talk to a mortgage broker to understand your borrowing capacity at different interest rates. Research the suburbs you're interested in and monitor market trends. If you find a suitable property that you can afford, don't necessarily let the current interest rate hold you back.
According to realestate.com.au's Property Seeker 2020 report, investors are now starting younger and most don't have the high incomes or vast property profiles we've come to associate with typical the words 'property investor'. Rather, it's younger and less experienced buyers that are using this strategy as a first step into the property market.
If you're just starting out in the real estate game, consider our tips to help you navigate the path to investing.
