Australia Real Estate on a path for continued growth.
This Financial Review article is forecasting further rate cuts in 2015-16: “The Reserve Bank of Australia will be forced to fire its “dwindling ammunition” and cut interest rates to 1.5 per cent within 18 months”
With the lowest interest loan rate since the 1960’s, the Australian real estate market is hot with investors globally taking advantage of the perfect investor conditions. Another rate cut is great news for property investors, locally and from overseas. Interest on a mortgage is the key attribute to an investment properties ROI performance. With rental yields for good located new stock between 5-7%, another rate cut will have investors laughing all the way to the ban. http://uchkconsulting.com/
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