New data gathered by Mortgage Choice shows that 94.4% of Australian property investors are happy with their investment purchases.
Property has proven itself to be a lucrative and safe asset because of its ability to appreciate in value. House prices rose 10.9% as an average across the combined capital cities in the 12 months to January 2017, according to one research source, although the growth figure was inflated by the high number attributed to Sydney.
Investors who employ a “buy and hold strategy” are most likely to do well, says Mortgage Choice CEO John Flavell.
Flavell says that investors who seek information from reputable sources, or their financial team, are less likely to regret purchases later than those who take hearsay information from friends or family.
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