The Huge Opportunity for Property Investors in Australia
The Huge Opportunity for property investorsSimply put, there has never been a better time to be a property investor in this country. When you have potentially between 14 million and 28 million new migrants coming into Australia, you are talking about adding between 3-7 million more people into a major city like Melbourne or Sydney over the next 40 years, or between 100,000 to 200,000 per year. You can start imaging how much wider and taller each of these cities will have to become.The following are the key characteristics which underpin property investing trends for the future:
* Most migrants are between the ages of 26 and 45. They tend to be in the age bracket where they have young kids, so a big percentage of new housing in Australia has to cater for these young families. * A large proportion of this generation of migrants come already skilled or qualified to earn a higher income than the average locals. * Most migrants will have to start out in Australia as tenants for the first couple of years as mortgage insurance companies simply won't insure the banks to lend money to someone who hasn't yet established a reasonable work or credit history in Australia. * Most new migrants tend to live around other past migrants from the same ethnic community for support. * Most migrants give high priority to their children's education, as that is how they ended up qualifying to come to Australia, so good schools are very important to them. * First generation migrants are less concerned about the prestige of a suburb initially as they do not have the local knowledge of their local status. Convenience, access to inexpensive shopping and value for money are far more important than status for them for the first few years. * First generation migrants are usually good savers, and together with the good income they earn, you would expect the areas they choose to live will perform better than the average.SummaryIt is my view that Australia is going into a golden era of prosperity. And home owners and property investors stand to benefit greatly from it.As a general rule, you are less likely to lose in investing if you follow where the banks put their money. For example, the banks followed the baby-boomers who were the largest income generating group over the past 15 years. The suburbs they lived in did very well and some are even over-valued today.Now with the baby-boomers retiring, the banks have moved their focus to the next income generating group which are between the ages of 30-45. This group includes the massive number of migrants who will be generating good incomes over the next 15 years. If you buy in the areas where this group is likely to live, you stand to benefit more financially by going with this new trend.At Investors Direct Financial Group Our mission is to help our clients achieve and maintain their financial freedom. Bill Zheng is the founder of Investors Direct which has been helping Australian property investors since 2001. He is one of Australia's most sought after presenters on the topics of property and finance, and over 100,000 property investors have been to his presentations in the last 10 years. His monthly newsletters and articles are renowned for providing an unconventional view of the property market, making them required reading every month for aware investors.More Information and online discounts on Best Investment Ideas 2012 in USA can be found at Best Investment Ideas 2012 USA....Alternatively if you are looking for used vans for sale by owner,same can be found at Used vans 4 sale
* Most migrants are between the ages of 26 and 45. They tend to be in the age bracket where they have young kids, so a big percentage of new housing in Australia has to cater for these young families. * A large proportion of this generation of migrants come already skilled or qualified to earn a higher income than the average locals. * Most migrants will have to start out in Australia as tenants for the first couple of years as mortgage insurance companies simply won't insure the banks to lend money to someone who hasn't yet established a reasonable work or credit history in Australia. * Most new migrants tend to live around other past migrants from the same ethnic community for support. * Most migrants give high priority to their children's education, as that is how they ended up qualifying to come to Australia, so good schools are very important to them. * First generation migrants are less concerned about the prestige of a suburb initially as they do not have the local knowledge of their local status. Convenience, access to inexpensive shopping and value for money are far more important than status for them for the first few years. * First generation migrants are usually good savers, and together with the good income they earn, you would expect the areas they choose to live will perform better than the average.SummaryIt is my view that Australia is going into a golden era of prosperity. And home owners and property investors stand to benefit greatly from it.As a general rule, you are less likely to lose in investing if you follow where the banks put their money. For example, the banks followed the baby-boomers who were the largest income generating group over the past 15 years. The suburbs they lived in did very well and some are even over-valued today.Now with the baby-boomers retiring, the banks have moved their focus to the next income generating group which are between the ages of 30-45. This group includes the massive number of migrants who will be generating good incomes over the next 15 years. If you buy in the areas where this group is likely to live, you stand to benefit more financially by going with this new trend.At Investors Direct Financial Group Our mission is to help our clients achieve and maintain their financial freedom. Bill Zheng is the founder of Investors Direct which has been helping Australian property investors since 2001. He is one of Australia's most sought after presenters on the topics of property and finance, and over 100,000 property investors have been to his presentations in the last 10 years. His monthly newsletters and articles are renowned for providing an unconventional view of the property market, making them required reading every month for aware investors.More Information and online discounts on Best Investment Ideas 2012 in USA can be found at Best Investment Ideas 2012 USA....Alternatively if you are looking for used vans for sale by owner,same can be found at Used vans 4 sale