Would you like to invest in an area that has had way above the national population growth on average?
Have a look at the North Lakes area below, 38% population growth in 5 years, where many club members have had properties that have grown in value well!
4. North Lakes, Qld
2011 population = 51,568 2016 population = 71,560 (38.80% growth)
The number of million-dollar homes in Australia’s major cities continues to increase
Couple this with the fact that "Over the 12 months to June 2017, 23.2% of all houses and 10.8% of all units sold in capital cities were sold for at least $1 million"
Lending to Australian housing investors is increasing again
Australian home loan lending rose again in June, led by a surprise jump in the value of investor loans.
According to the Australian Bureau of Statistics (ABS), housing finance rose by 0.8% to $33.261 billion during the month in seasonally adjusted terms.
The increase followed a 1.4% increase in June and left the value of housing finance up 2.9% on the levels of a year earlier.
Great conditions to safely invest in with the leaders in wealth creation through property - Property Club!
With solid population growth, housing growth and finance available, it is a great period to be investing to put away for your future! Have a great weekend and catch you next week!
Troy Gunasekera | National Manager
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Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.