Summary: Loans Direct is an independent Australian-owned group of qualified Finance Brokers that provides useful insights and valuable analysis of property markets across the Australian states and capitals. This press release is intended to share information about the factors that may influence the property market speculations for the year 2014.
This year, Australia has certainly been better than the previous two years related to real estate and property investments. Moreover, with the passage of time, 2014 is expected to be even better, according to the current property trends.
Except Perth and Darwin, in all the capital cities of respective states in Australia, property rates have performed better than last two years. On the other hand, Hobart prices are still decreasing, but they are not falling as fast as they did in 2011 and 2012. Well, except one capital city that is Hobart, all others are experiencing growth in 2013.
Thus, if someone planning to make an investment this year, know about the key factors that is expected to bring a boost in the property markets on Australia, such as -
- Federal Elections
The election has come and gone, now a new government is in power; consumers and the businesses seem to be willing to invest in the real estate.
- Overseas Economies
The U.S. economy is picking up gradually; as a result,there is a decrease in the rate of unemployment. This results in greater business and consumer confidence around the world including Australia.
Similarly, in Europe, Gross Domestic Product (GDP) is improving and unemployment rate is decreasing. The Euro zone is expected to improve in the year 2014 that increases the opportunity of business expansion around the world, including Australia.
- Availability of Finance and the Interest Rate
Banks were more willing to lend money in 2013 as compared to four previous years. More people can now easily access loans; this will increase the demand of property, as a result, the price of property also increases. However, the interest rates offered by different banks and lending institutions are affordable as well as competitive. With an affordable rate of interests, property investors and future homeowner’s are realizing that it is a great time to buy. Now according to current scenario, buyers started responding more than they have in 2013.
Now the key question, “Where to buy”?
Here is the list of some prominent cities of Australia:
- Melbourne: Footscray, Flemington, Coburg
- Perth: Victoria Park and East Victoria Park
- Brisbane: Redcliffe, Albion, Chermside
- Canberra: Braddon
- Hobart: North & South Hobart
- Adelaide: Torrensville, Port Noarlunga, Thebarton
- Sydney: Enmore, Darlington, Marrickville
The simple and strategic approach to search for property in these seven prominent locations of Australia at competitive interest rate is by consulting a financial expert about the current property rates and the rate of interest on commercial property loans or building loans provided by banks and financial institutions.
About Loans Direct
Loans Direct is a group of leading financial experts and brokers that provides a wide range of services on diverse financial products in Australia. Known for the principles, professionalism and know-how of the industry, people resort to their expertise for unbiased advice on loans, mortgages, credit cards, bad credit, conveyancing, insurance, business financing, chattel and equipment financing and more.
Loans Direct is the expert financial solutions provider in Australia, serving its clients from multiple locations at Sydney, Melbourne, Adelaide, Canberra, Darwin, Hobart, Perth and Brisbane. With the great experience of 8 years & success rate of 90%, Loans Direct is providing various types of money-saving loans, credit repair services & business financial solutions here.