Property Investing Update
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Date: 01/04/2012 Residential property is still a good investment, with Sydney and Brisbane providing the best opportunities for solid returns. There are divided opinions about the Australian property market - is it a bubble about to burst, or a good investment opportunity? John Fitzgerald of Custodian WealthBuilders has invested in more than 5000 properties over 26 years and argues that good returns are available to investors who choose their market carefully and focus on properties below $500,000. Brisbane, regenerating after last year's flood disaster, and Sydney - with strong rental demand- offer the best opportunities. And he argues that houses, incorporating land value, are still a better investment proposition than apartments. Topics: Investment |
John Fitzgerald, JLF Corporation |