The latest property video from Kevin Turner | 24th July

In this week’s 2 minute property investment news video- borrowers could be debt free almost a decade earlier than planned.

The current interest rate climate is not only giving investors an incentive to enter the market – it’s also helping homeowners. A new study finds borrowers could be debt free almost 10 years earlier.

A whole new generation of homeowners and investors could be mortgage free a decade earlier, thanks to the low interest rates on offer at the moment.

The majority of borrowers with a variable home loan are keeping their repayments at November 2011 levels, before rates began to fall. This means they can potentially save more than $150,000 over the life of the loan.

[sam id=34 codes=’true’] The low interest rates are probably good news for those with bigger loans too. Knight Frank Research says the prestige market has been starting to pick up over the past six months.

It not only recorded its highest annual growth in three years, it’s also forecast to outperform the broader market over the next six months – with double digit price growth expected by the end of 2013.

Even if you can’t afford a million dollar property, the more affordable end is doing well too. The Sydney vacancy rate is still at 1.9 per cent. Which is great news for investors.

However, the vacancy rate in Perth has gone from 0.7 per cent to 1.5 per cent over the past year. SQM Research says the rental market there is probably loosening as a result of the mining slowdown.

The vacancy rates for Brisbane and Canberra have also increased slightly.

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If you’re serious about property investment please join me and a group of property and tax experts at my upcoming Property Market and Economic Updates that I’ll be conducting in 4 states in August and September 2013

I will be presenting a heap of BRAND NEW content I haven’t discussed in public before. I guarantee there will be several things I reveal that you are not doing and you should be!

Click here now to get more details and reserve your seat.

Property & Econonomic Update

If you want to cut through all of the media hype, and all the contradictory predictions, and finally learn the truth (good and bad) about what is going to happen to the Australian property markets, this seminar is exactly for you…  Click here now to get more details and reserve your seat.

Michael Yardney

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