Property Hunter Magazine Issue 63- February 2015 | Page 33

be low since they did not purchase that many units there in the first place.” “Also, if the units are mainly for foreign investment and not owner occupier, it would be hard to rent out the units.” At the time of writing, the latest property rental figures for Sydney to come in points to a shortage, despite the high level of new releases that pushed rental yields to new highs. “This is great news, as normally other cities follow the trend. But it is worth to remember, when investing in property; it is the time in the market and not timing the market that is the key to being a successful investor. Also invest in what your initial funds allow you to invest in, let time, tenant, planed population growth and steady conservative trust worthy government help you to achieve your financial freedom,” surmises Andrawo. EMIL ANDRAWO Australian property consultant Sydney, New South Wales AUSTRALIA www.PropertyHunter.com.my 33