๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ต๐ฎ๐ ๐๐ป๐ท๐ผ๐๐ฒ๐ฑ ๐ฆ๐๐ฟ๐ผ๐ป๐ด ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐๐ฟ๐ผ๐๐๐ต
If you're wondering why so many Australians want to buy their own home and invest in property, consider this statistic from PEXA, the online property settlement platform.
Capital city property prices have increased by an average of 7.2% per annum over the past 50 years or so, according to PEXA.
And if you've been an investor during that time, you also would've collected rents along the way.
As the graph shows, residential land alone (not including the housing sitting on that land) now accounts for more than half of Australiaโs national assets. Furthermore, the amount of wealth in the property market is much higher than the amount invested in shares (also known as equities).
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
