Here is the positive note for the investors in the real estate to rejoice. A recent survey by the Australian Property investors’ magazine points out that the overall median price of real estate in Australia has increased by about 1.7%. Particularly, the median price in Melbourne and Sydney is galloping to hit the roof. The availability of land for sale Caloundra wide is far below the demand. With the demand overshooting the supply, according to the established principles of economics, there has been a notable increase in the price of real estate.
The time is ripe to invest:
According to a report of the UBS investment bank, during the period 2012 -2015, the Global Real Estate Index in Sydney and other parts of Australia increased by about 45%. In fact, a similar trend exists in regard to land for sale Caloundra market has today and various parts of Australia. All these are welcome signs for those who intend to invest in the real estate in Australia.
Can you afford a large investment
When you approach a real estate firm looking for real estate in Australia, they normally suggest you to invest in some of the popular locations like the Brisbane or the Golden Beach real estate. But, the real estate prices in these locations are much higher than the average purchase price. Therefore, you will have to invest considerably large money in such areas.
Wide range of development:
As a wise investor you should also explore other locations like the Sunshine Coast and Queensland which are also as popular and as developed as the Brisbane and Sydney. In fact, the rate of development in Sunshine coast and Queesland is much faster than other parts of Australia. Several industries and business establishments have been established in Queensland. Further, Caloundra Community development center, Maroochydore Principal Activity Centre, Sunshine Coast University Hospital precinct are some of the several development works taking place in the Sunshine coast.
By investing a reasonable amount in the real estate in Queensland you can reap much higher returns. As a matter of fact, with so much of development works taking place, the real estate Caloundra wide and other adjacent areas has increased by about 15% as compared to the price prevailing during the month of September 2016.
Demand in other parts:
Similar to the bullish trends in land for sale Caloundra has, some of the other cities like the Toowoomba also have witnessed a substantial increase in the demand for real estate. In particular, Toowoomba has noticed a considerable demand for residential properties rather than commercial properties. Naturally, with more residents getting in the commercial activity, it will also create increased demand for commercial real estate market too.
Lowest vacancy rate:
Considering the development activities taking place, Caloundra expects faster rate of growth. In fact, Caloundra has a lowest percentage of vacancy rate of rental properties which stands at just 1.1%. Further, with an expected growth rate of about 2% in the median price, the return from houses for rent Caloundra market has today is also expected to increase to a considerable extent.
Earn highest returns:
But you can reap the benefits of your investment only when you seek guidance from reputed real estate firms like the Henzells. Such firms will guide you in such a way that you earn the highest possible returns.