ACCORDING to the property clock

Date: 15 Nov 2009 Comments: 0

 

ACCORDING to the property clock, the best time to buy is at the bottom, 6 o’clock, just after the oversupply has hit and properties are at a discount to their underlying value.

And either side of 6 o’clock is generally considered bargain time. Of course, the opposite is true for sellers.

The top of the market, or 12 o’clock, is the best time to sell, when prices are at their peak. And either side of midnight is still okay.

So what’s the time in your market right now?

South Australia - 7 o’clock

“Private Residential Building Approvals experienced 80% growth over the year of 2006. The global financial crisis was more of a glitch in the system to SA, driven by a reduction of confidence from the worldwide lack of lending and tightening of loan criteria. Which seems to now be on the mend.

The manufacturing industry plays a very important role in South Australia’s economy, generating 15% of the state’s Gross State Product (GSP) and playing a large part in exports. The manufacturing industry consists of automotive (44% of total Australian production, 2006) and component manufacturing, pharmaceuticals, defence technology (2.1% of GSP, 2002-2003) and electronic systems (3.0% of GSP in 2006). South Australia’s economy relies on exports more than any other state in Australia.

Production of South Australian food and drink (including agriculture, horticulture, aquaculture, fisheries and manufacturing) is a $10 billion industry.

South Australia’s economy includes the following major industries: meat and meat preparations, wheat, wine, wool and sheepskins, machinery, metal and metal manufactures, fish and crustaceans, road vehicles and parts, and petroleum products. Other industries, such as education and defence technology, are of a major growing importance.

South Australia possesses the world’s single largest known deposit of uranium, at the Olympic Dam mine. Olympic Dam contains 40% of the world’s known uranium reserves. The Olympic Dam mine is also the world’s fourth largest remaining copper deposit, and the world’s fifth largest gold deposit.”

To find out why and where the rest of the country is on the clock then register for our final Property Investment Event for 2009. 

 

Independent studies have shown that the majority of property investors consider research to be the most important factor when considering buying an investment property. The next most important thing they wanted is someone to be able to help them with the processes to save time, answer their questions and avoid making the wrong decisions.

 

With so much activity going on, it’s no wonder everyday people do not have the time to do their own research thoroughly or even to attempt renovating risky and costly fixer uppers. Hence why they either get poorer results, or worse still, do nothing.

 

Below are seven fantastic properties. They all have high yields in great areas that are cash flow positive or near too with good capital growth prospects.

 

Whatever your investment strategy, one of the opportunities below will be a great way to start or an addition to your portfolio. 

 

SA, Adelaide Student Accommodation  -  from: $199,500

 

Type:

Student Accommodation

Gross Yield:

7.3% pa

Incentives:

5% net guarantee
till Dec 2010

 

Completion:

Now

Enquire NOW


SA, Kurralta Park -  from: $460,000

 

Type:

Townhouses

Gross Yield:

5.17% pa

Incentives:

Free property management and maintenance first 12 months

Completion:

Mid 2010

Enquire NOW


SA, Elizabeth Park - $270,000

 

 

Type:

Townhouse

Gross Yield:

5.34%

Internal Sizes:

156sqm – 180sqm

Completion:

Jan  2010

Enquire NOW


QLD, Cairns - from: $322,000

 

 

Type:

Apartment

Gross Yield:

5.02 %

Incentives:

$2,000 cash back.
Limited time only.

Completion:

Early – Mid 2011

Enquire NOW 

 


SA, Brompton - from: $349,000 – $469,000

 

Type:

Apartment

Gross Yield:

4.95% – 5.38%

Internal Sizes:

87sqm – 112sqm

Incentives: 12 month rental guarantee

Completion:

March 2011

Enquire NOW


QLD, Marsden  -  $390,000 – $405,000

 

   

Type:

House & Land Package

Gross Yield:

4.95% – 5.38%

Land Sizes:

470sqm – 640sqm

Building Sizes:

200sqm approx

Enquire NOW


QLD, Collingwood Park  – From $354,000

 

   

Type:

House & Land Package

Gross Yield:

5.1%

Land Sizes:

375sqm – 900sqm

Building Sizes:

170sqm approx

Enquire NOW


RLA: 221406 

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