Monthly Archives: May 2011

Hello from everyone at professionals, There is some concern in the community regarding what the real estate market is going to do over the next 12 months? All I can go by is the history over the last 10 yrs and that shows us that there will be steady increases in the property market, with the Sydney market at boiling point I do expect that there will be a greater movement in investment properties especially coming into the end of the financial year.

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As I have stated in earlier columns if there is any rise in interest rates this will have a positive effect on the Armidale market for “Tree Changes” and also investors as the capital out lay will be smaller in Armidale compared to the city areas and property is certainly a sound investment. This brings me to a subject that landlords need to be aware of if selling their investment property in Armidale and that is what rent they are currently getting for their property? Many rents I have found to be “under market rent” this was proved recently with a property we had leased 12months ago for $125 per week and just re-leased it at $250per week, Not all properties will have this sort of increase however you need to keep an eye on what your property is being rented for especially when it could mean thousand more a year in your pocket.

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