South East Queensland has been one of Australia’s most consistent property markets over the past 30 years, providing secure returns in excess of 7 – 8% per year, and has experienced fewer years of decline than almost any other property market.
The Australian property market as a whole has shown an ability to resist downward shifts in prices, this allows investors to hold property over the long term with great confidence and huge financial gain.
The price of real estate continues to increase every year, therefore purchasing real estate is one of the safest long-term investments a person can make.
If you had the choice between putting money towards a new car or boat or a new house, a house should win every time, as it will appreciate in value over the years whereas a car does the opposite.
A stable rental market also ensures that investors can readily obtain tenants for their property, essential for the long-term success for any investor.
Assets build wealth, so investing in real estate is a great way to build wealth as the property continues to grow in value, in fact, the longer you can hold onto the property the more valuable it becomes, the complete opposite to most things we desire in life.
With a property investment several years can fly by and when you finally decide to sell the property, you may have $100,000s of dollars in capital growth and equity and while investing in property might be slow and not so glamorous, the financial returns allows us to buy whatever is glamorous.