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Buying a prime investment property for under $400,000

March 17, 2015

A solid post on investing in real estate.

The Real Estate Blog

It is important not to overexpose yourself to debt and risk as a property investor, so knowing how to source properties under $400,000 can be an important building block to creating a successful property portfolio.

With interest rates expected to be cut even further next year, the outlook for the  real estate market looks very positive.

Western Australia still enjoys the highest population growth rate in Australia, increasing by 2.5 per cent over the past year, and this continued strong population growth will drive demand for property.

One of the key lessons I have learnt over more than 26 years of investing in  real estate is that you do not have to buy an expensive property to achieve high rates of capital return. For example, you can still buy an older-style unit in beachside suburbs such as for under $360,000 and achieve rates of capital growth equivalent to or even higher…

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From → Gary Richetelli

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