Your Investment Property magazine consulted a panel of experts including top economists and property analysts to find out what to expect in the year ahead and found investors have plenty to be cheerful about. Editor Nila Sweeney said the Australian economy remains strong.
“Despite the alarming headlines, the economy is holding up well in the face of economic turmoil overseas,” said Sweeney. “The huge drops in property prices of 30-40% that the likes of Steve Keen and Harry Dent have predicted are unlikely to materialise.”
At a state-specific level, Your Investment Property has identified the key drivers of growth in each state, as well as those factors that may cause growth to drag.
“Poor sentiment is a real problem in Queensland, Western Australia and South Australia at the moment, whereas over in New South Wales and Victoria, it’s more about affordability,” said Sweeney. “But lower interest rates, big infrastructure projects in the pipeline and some strong state economies will be pushing the property market through in the new year.”
For more details on expert predictions for the year ahead and key property forecasts for your state, see the latest issue of Your Investment Property. On sale at local newsagents or online at www.yourinvestmentpropertymag.com.au.
Your Investment Property
Your Investment Property is the intelligent property owner’s choice when it comes to learning about Australia’s property market. The magazine provides readers with the most complete set of property data, independent commentary and thoroughly-researched articles about all aspects of investing in property in Australia and abroad.
Every issue features in-depth analyses of the market trends that affect property investments. Practical tips and advice on how to manage and finance these investments are also featured regularly to help readers make the best decisions.
Your Investment Property carries the most comprehensive data section of any Australian property magazine, with extensive and exclusive data about every suburb in Australia, and independent expert advice on the best investment strategies as well as market analysis from Australia’s most trusted and experienced property experts.
Plus, every month Your Investment Property carries exclusive information about Australia’s up-and-coming property hot spots; real-life success stories of ordinary, hardworking Australians who have achieved financial independence through property; and the latest and most practical legal, tax and financial advice.
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