Silverhall Research continues to support identified growth areas. Silverhall clients have purchased in multiple development across the Central Coast, all benefiting from the huge amount of infrastructure investment underway; as well as the significant employment growth happening and to continue. There has been some great activity happening in the last 6 months across the Central Coast. Here are some of the key points:
Central Coast’s property boom: 36 suburb price records smashed over past year
CLARE GRAHAM REAL ESTATE EDITOR, CENTRAL COAST GOSFORD EXPRESS ADVOCATE, JULY 10, 2015 9:15AM
The Central Coast’s booming real estate market has soared to new heights with a massive 36 suburb price records smashed during the past 12 months
This magnificent property at Morgans Rd, Mount White, fetched a record price of $3.4 million
$1 billion worth of Central Coast election commitments will go ahead as highlighted by this article. Significant infrastructure and development projects such as funding $400 million for roadworks, $12 million for the performing arts centre at Gosford and $2.5 million for a seawall and channel study at The Entrance have been given the green light. This is one of many reasons Silverhall is investing in the region.
$1 billion worth of election promises get the green light after poles and wires legislation passed
DENICE BARNES, JUNE 09, 2015 8:47AM, CENTRAL COAST GOSFORD EXPRESS ADVOCATE
A $2.5 million seawall and channel study at The Entrance “will happen”.
An interesting article from RP Data recently confirmed what we have known for a while in that demand for property is outweighing supply in Australia.
"The Australian Bureau of Statistics released building activity data this week, showing the total number of dwelling commencements fell by 11.4% over the year to June 2012. Based on the June data, the number of housing starts was13.4% lower than the ten year average. The weak results highlight just how weak the housing construction sector has been since building activity started to fall in early 2010."
Read the full release from RP Data here
For more information or advice on property investing in the current market, call Silverhall on 1300 662 143.
One of the key factors to successful property investment strategiesis being able to look beyond the local conditions and recognise the larger forces – both social and economic – that are impacting on the property market, such as population and growth.
With the so much information to absorb or decide what is right, it may seem difficult to know where to invest next. However, with expert advice from experienced professionals who understand local conditions as well as larger trends, you can position yourself to increase your wealth with sound property investments.
The most basic principle of business, of any kind, is supply and demand. This is true of property and is a useful tool to apply when considering your next investment property. Australia’s population is growing steadily, in fact at rate faster than homes can be built in certain areas – through both births and immigration. This can provide opportunities for investors as it creates demand for new houses to be built to meet the needs of these new arrivals. The majority of the population growth has been in the outer suburbs of the capital cities and this can mean potential rental incomes and capital growth for investors holding property in these regions. In short, this population growth can be great news for investment property owners.
Property Investment Strategies Sydney
Want to learn more about building a smart investment portfolio? Silverhall runs informative investment property seminars in Sydney. Find out more online or contact their team of professionals on 1300 662 143.