Hey guys, well I’ve just been reading an article where an RBA official has reported that Australia is facing an undersupply of housing!

However Queensland reports a vacancy rate of 3.8% in their housing which does not confirm what the RBA official has advised, so what does this mean?

As a whole Australia does have a shortage in housing, however if you were to look at this in a micro research and breakdown where the shortage is, you will soon realise that certain areas of Australia have an undersupply of housing, and some areas are still coping well and do not have an undersupply, these are the areas where demand for housing is much less.

As investors the best thing for people to do when investing in property is to look at the rental demand in the area, find out where people want to live, find out how much people can afford to live in that area and purchase an investment property to cater for that need. It’s not about us as investors, it’s about tenants and their needs.

Keep in the loop about what is going on in your area or the area you want to invest in. This is the best way to make sure your investment will be a profitable one with a small amount of risk. Have a chat to one of our investment property consultants at CProperty on 9371 4799 and arrange a free consultation or check out www.cproperty.com.au

Filed under: Uncategorized — Carly Crutchfield @ 6:13 pm

One Response to “Housing Undersupply”

  1. Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained!

    - Josh

    Comment posted August 24, 2010 @ 8:14 pm

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