2013 December Australian Economy and Interest Rate

We are now out of all the doom and gloom that went with the GFC. The Mining 'Boom' has stabilised to a much more controllable level as well as now creating a level that is sustainable for the long term. Both China and India still have a lot of change and growth to achieve. This has led to some of the excesses of the mining boom period being retracted. Some of the rental and sale prices of that period are reducing to a more sustainable level.

Investors are again looking at properties in the normal suburbs for their next purchases. There are some areas where good buys can still be had but they are rapidly disappearing (I speak from personal experience). Most city and suburban properties have returned to values in excess of their pre GFC prices and are again on the upward cycle.

Call your nearest Yong Office to find out more about investments in your area.