Oz Land Prices Already On The Rise
Overseas Property News - Australia
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News is being circulated by international sources that Australian land prices are already rising making now the time to invest, as the latest residential land report from the Housing Industry Association and RP Data shows the cost of land in Australia is now beginning to increase.
In the March quarter alone, land prices rose by a staggering 7.4%, showing that the Australian property market, as predicted by DSR Asset Management Ltd., is surely going to grow from strength to strength in the country in the near future, which is great news for investors.
Christopher Todd, investment research analyst for DSR has commented that, “this is one of the signs that we have been waiting for. We have all been really pushing for investment in the country because the market has been so great and this just shows it maybe already well on the road to recovery. Australia has responded to treatment so well by the government and the investors are flocking there, and for good reason.”
Louis Christopher from SQM Research agrees that the property market is looking on the up, “higher land values, better auction clearance rates and an increase in housing finance approvals indicate the worst could be over.”
The fact that land is already beginning to increase in value means that now is an excellent time to buy. If the property market continues in this way, then as time goes on the margin for profit will decrease for investors as prices will go up as the economy recovers. Australia, particularly South Australia currently has one of the most stable property markets in the world. Prices are cheap now but are set to rocket, as Australia’s economy is one of the few in the world which is set to recover by next year, meaning investors really should not hang around for too long.
DSR Asset Management have some safe, simple and well planned investments in the country near Adelaide in South Australia where the economy is at its most stable and continues to grow (despite the recession) in many areas. An investment there could reap massive rewards as the state is set to boom in the near future.
DSR are offering prospective investors to purchase either beach front land plots on beautiful Echo Beach (as the report shows, land is already beginning to climb) from as little as £16,000 or houses in Lakeside, are more adventurous area that really does have it all. Both are capable are making huge returns whilst in the stability of an established and strong market.
If you are considering an investment in Overseas Property or Australia Property
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