Researchers from SQM Research predict a softening in rental prices over a range of different localities across Australia could indicate that there are a large number of first time home buyers making purchases.

Data indicating the prevalence of first time buyers in certain areas can be useful to property investors who are looking for areas that are most likely to offer a good return for their money.

When rental prices drastically rise or drop in a certain location, it can sometimes be directly related to the number of people in the area who are choosing to purchase their first home. When the economic climate is favourable and interest rates are also low, first time buyers are more likely to start looking for a home.

Andrew Wilson, senior economist with Australian Property Monitors suggests that current upswings in first time buyers in some areas could also be linked to various state schemes that have been deployed in the hope of enticing buyers into the market. He says that softening rent prices could be linked to a direct hangover from these attempts to encourage new buyers.

Being able to analyse the property data and figures available is an essential skill when it comes to making money from an investment property portfolio.

Property Investment Company in Sydney

For help when it comes to studying market trends and seeking out suitable investment properties, consult the experts at Rass Global Investments. today. They could help you start making your money work for the future.

Baby boomers or those in the elderly age bracket usually dominate Sydney’s high-end property sales, but Sydney has seen a notable shift towards younger buyers, with interesting purchases from a number of Sydney’s prominent youth.

Daisy Turnbull-Brown, daughter of Malcolm Turnbull, has just listed her sub-penthouse in Potts Point. Daisy and her husband, James, are expecting a baby and obviously are looking to boost funds as well as settle into their Paddington home ahead of the child’s arrival. Located in the Rockwell apartments block, it is expected to fetch over $3million thanks to its spectacular harbour views.

Elsewhere, singer Guy Sebastian and his wife are selling their four-bedroom Clovelly home for $2million. The architect-designed house on Knox Street has ocean views from the upstairs living area. The couple also bought a holiday home near Gerringong last year for $1.115million, which they subsequently renovated. Reportedly, their reason for selling in Clovelly is because they want to have a bigger garden for their young son.

Meanwhile, software entrepreneur Mike Cannon-Brookes has bought a house in Palm Beach for an eye-watering $8.7million. The 33 year-old co-founder of software company Atlassian is clearly enjoying the spoils of his success. Not bad for a guy who used $10,000 worth of credit card debt to start up his company a decade ago with a friend from university.