Now is a fabulous time to be thinking about starting or expanding your investment property portfolio. While there’s been a lot talk about falling house prices across the country, it is important to point out that housing affordability and property availability is actually improving in Western Australia.
According to the latest research conducted by Core Logic RP Data, there is approximately 16,000 properties listed for sale in Perth per month. This is 4,000 above the long-term average, which means there’s a lot of selection out there for investors.
With more properties on the market, there is more opportunity for those who are looking to buy property and start or expand their investment portfolio in 2016!
In addition to being spoilt for property choices in WA, record low interest rates mean monthly mortgage repayments are sitting at their lowest level in recent history. And, according to ongoing speculation from market economists, this is likely to be the case for some time as the Reserve Bank of Australia is expected to keep the cash rate low for many months to come.
Currently, there are banks and lenders on the Mortgage Choice panel offering interest rates as low as 3.99% and 4.08%. As mortgage brokers, they can help clients research up to 25 lenders in the market and find the most suitable and competitive loan for them.
Mortgage Choice can help find the most suitable loan for each person’s circumstances, and its local property knowledge means it is well positioned to help clients choose a property that will yield good returns. By helping customers find the right loan and make the right property choice, Mortgage Choice puts them on the right path to expand their investment property portfolio!
Mortgage Choice
Suite 1, Level 1, Shafto Lane
876 Hay Street Perth
(08) 9485 0090
http://www.mortgagechoice.com.au/perth1
Perth Voice Interactive 
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