Oliver Myers Real Estate
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ADVANTAGES OF BUYING IN A RISING MARKET

ADVANTAGES OF BUYING IN A RISING MARKET

  • 14 Mar 2014

Extracted from 8:47AM Friday Mar 14, 2014 Fairfax Media (Domain)- Susan Wellings

When property prices are rising, it's the perfect time to consider buying off the plan, says one of the leading project marketing experts in new developments. It means both owner-occupiers and investors are locking in a purchase at today's prices for a home that, by the time it's built in two to four years, will hopefully be worth a great deal more.

"That's a wonderful opportunity to enjoy capital growth', says David Milton, the Managing Director of Residential Projects at CBRE. "Most owner-occupiers will be selling their own homes which gives them plenty of time to sell, and a lot more chance to earn more capital growth in the interim on their own home, while having put down just 10 per cent to secure their next.

Investors, too, will reap the benefits as they'll receive a better rental return because of that high predicted capital growth of between 10 per cent and 20 per cent." Buying off the plan, particularly when there's a shortage of good property for sale on the market, also gives the potential purchaser the chance to snap up something of real quality, especially if they get in early and can choose the pick of the product on offer.

Proven Trusted Authority

Tony has most definitely proved himself to be the trusted authority when it comes to wealth through property investment! With his professional approach, Tony has assuredly created an opportunity that may not have otherwise been possible for me. His personal ethics shine through and I cannot thank him and his team enough for their 5 star service, and willingness to go the extra mile in customer satisfaction. Thank you Tony, for your wealth of knowledge and expertise in helping build a successful property portfolio for my retirement!!

- Engelina B
Terrigal

Tony took his time to meet my requirements

When looking for a property for my parents, I was introduced to Tony. After I described my requirements, he took the time to show me areas that fulfilled my requirements, and then specific locations, floor plans and similar new homes that he believed, based on my criteria, would be suitable. Thank you Tony.

- Mac
Maroubra

Nothing but wonderful!

My venture into my first home on the coast was made easy by the support from Tony and his team. They were nothing but wonderful!

- Katherine
Hamlyn Terrace

Willing to go the extra mile

Tony and his team were willing to go the extra mile to show us properties in new and growing areas that would be suitable to include in our investment portfolio. Following our earlier success in securing a new build on land in the Newcastle region, we were keen to investigate other locations which would provide capital growth and good rental return with a low vacancy factor. His team thoroughly researched all those requirements and provided great options.

- Roger Smith
Tea Gardens