Want to Make Money? Buy Property in These Areas!

Good Morning and Hello Everyone. Today’s update.

 

Run Through

• Rising rental demand and stabilizing interest rates have re-energized investors in the property market.

• Rents in select suburbs cover mortgage repayments, providing positive cash flow.

• Regional NSW suburbs like South Lismore and Broken Hill lead in providing additional income.

• Victoria’s Carlton and Notting Hill also provide excess income.

• Regional Queensland and Western Australia lead in providing positive cash flow for investors.

• WA saw the strongest growth in investor lending, up 48% YoY.

• Major cities like Sydney and Brisbane show fewer opportunities for rent-based mortgage repayment coverage.

• The rental market is expected to continue growing, indicating improved rental availability and a balanced market.

 

Great News!! Investors are back in the real estate market because rental demand has gone up and interest rates have stayed the same. In some areas, rental income covers mortgage payments.

List of Suburbs with positive cash flow

In rural NSW, buyers make the most money in areas like Broken Hill and South Lismore, where they make an extra $581 and $408 after paying off their mortgages.

Similarly, buyers can make extra money in Victoria’s Carlton and Notting Hill.

Rents are covering house bills and even bringing in extra money.

Queensland And Western Australia Rules the Chart

Wondering what makes these two regions to rule the chart?

There are 50 areas in regional Queensland where rental income meets mortgage costs. Moranbah is the best in the state.

Western Australia has the most areas that offer owners good cash flow. Baynton and Nickol are at the top of the list.

The experts say that investment loans grew the most in WA, up 48% year-over-year.

Don’t Miss the Major Cities

While suburban areas in rural areas are doing well, owners in big cities like Sydney and Brisbane will have a harder time finding renters who can cover their mortgage payments.

With home prices so high, there were no areas in these towns where rents fully covered mortgage costs.

Rental Market Goes Up

Since rents are expected to keep going up, though at a slower rate, more investors are likely to enter the market.

“This trend is good for both investors and renters because it means there will be more rentals available and the market will be more balanced,”

Looking to Invest in Property?

With rental demand up and interest rates steady, it’s a great time to invest! From high-yield regional areas to major cities, we can help you find the best options.

Get in touch with ASK Financials for simple, expert advice on making the most of your property investments.

Contact us today to start your journey!

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