The market is teetering on the brink of another bubble, but the best-case scenario is that we’re in the early stages of a real recovery in the property investment class.
The latest data from the Reserve Bank shows the stock of rental properties in Australia has been growing at a healthy rate over the past year, but that there is a growing gap between supply and demand for these properties.
That means demand for properties has been outpacing supply for the past few years.
There are two reasons why this is happening.
First, there’s a growing shortage of rental property, meaning more people are buying properties than renting them.
Second, as rents continue to rise, prices have been increasing at an even faster pace.
Auckland property is a good example of this.
As rents have risen over the last couple of years, so too have the prices of the properties that the property owners own.
And so far this year, Auckland property is now selling for about $3.5 million more than it was in the year before.
But this is no good news for the property investors.
Property owners need to invest more capital in their properties to stay competitive in the market.
A $2 million investment can be a big deal for many investors, but this investment can only be worth a fraction of that amount if it’s backed by a lot of debt.
This is why property investors need to keep up their mortgage payments and make sure they are taking out enough debt to cover the costs of their mortgage.
Here are some tips on how to get your property into better shape to take advantage of the rental market.
First and foremost, you need to be confident you can afford to pay off your mortgage over the long term.
Second is to take the time to make sure you are paying off your credit card debt and paying off any debt in the form of interest and fees that you might incur while you are renting out your property.
It’s a good idea to check your mortgage terms regularly to make certain you are on the right path.
If you are not, your chances of getting a good mortgage rate are very low.
This means you should make sure your mortgage is on track to meet the long-term repayment requirements set by the bank.
The other thing to keep in mind is that there are some big surprises in the rental property market, and you will have to be prepared for them.
Here is a list of the biggest surprises in this market and what you can expect in the coming months.