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
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