Professionals’ national expansion continues with six new offices
The new financial year has kicked off strongly for Professionals with the opening of five new offices across the country in July, taking the total to six for the quarter.
Investors as well as property owners can now breathe a big sigh of relief knowing that there will now be no changes to negative gearing as a result of the election of the Coalition Government.
The 0.25% cut in official interest rates by the Reserve Bank yesterday should see renewed activity from property investors, up graders and first-home buyers according to Shane Kempton, CEO of Professionals Real Estate Group.
The improving affordability of real estate in many parts of Australia now creates more opportunities for astute property buyers to purchase prime real estate with the view to capitalising on capital growth moving forward.
Rental growth is particularly important for mature investors who are looking to purchase high yielding rental properties that will help fund their retirement.