Property investment is high on the minds of more and more Australians each year, according to the latest Homeowner Intentions Survey released by Mortgage Choice earlier this week.
More than a quarter (26 per cent) of people interviewed said that they were considering expanding and buying investment property, with 56 per cent of them planning it within the next two years.
If you're looking to invest in real estate in Rockhampton, now could be the perfect time to get amongst the action.
A quarter (25 per cent) of those interviewed already owned investment property – with 69 per cent owning just the one, 19 per cent owning two, and 13 per cent owning three investment properties or more.
The two most important factors that people considered when choosing an investment property were the tenant demand in an area (66 per cent), and the location of the suburb and street of the investment property (65 per cent).
A property's location in comparison with local amenities and entertainment, the population growth of an area, and the upcoming infrastructure were also highlighted as important factors to consider.
If you're looking to invest in property in Rockhampton, get in contact with the team at Ray White Rockhampton. Their expertise and knowledge of the area can help to achieve your investment goals.
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