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This CoreLogic graph illustrates why property can be such a good investment.
If we add growth in Australiaβs annual median property price to growth in its annual median rent, we get see that investors made gains in nine of the ten past years:
* 2013 = 9.8% combined growth in prices and rents
* 2014 = 8.0%
* 2015 = 8.8%
* 2016 = 7.5%
* 2017 = 6.9%
* 2018 = -3.6%
* 2019 = 6.3%
* 2020 = 6.8%
* 2021 = 34.1%
* 2022 = 4.6%
* 2023 = 16.4%
Subiaco finance brokers are here to help
Interest rate rises are here, but you donβt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge.
Weβll 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.