Opportunity Knocking

11.10.08 - It’s been a roller-coaster ride in recent weeks on global financial markets, and many commentators are predicting that there’s more turbulence to come. Encouragingly, however, property remains a comparably stable investment, as people realize that “bricks and mortar” is a long term necessity and more likely to deliver sustained capital growth over the long term. In addition to this, the Reserve Bank’s welcome decision to drop interest rates by a full 1% earlier this week and talk of further rate decreases of up to a further 2% in the near future, mean that Buyer confidence in Real Estate is soaring at the moment. As mentioned in a previous message a couple of week’s ago: “One often hears the catch cry of “position, position, position”, and that is the key to the stability of the Western Suburbs as a whole. Homes in this area benefit from great schools, terrific shopping, improving transport infrastructure, wide open spaces, lovely parks, and all within close proximity of the city and easy access to the gold and sunshine coasts.” These are the “fundamentals” that underpin the value of the area and the future is looking even brighter too, with further proposed infrastructure for roads, transport and amenities, which will only add to the livability and therefore the value of the area. So if you are looking to secure your future in the area, we are pleased to present a selection of quality properties for your attention. For more details about these properties or any other real estate matter, please feel confident to speak with me or any of the expert team here at CENTURY 21 Westside. Until next week…