Thursday, January 31, 2008

Great time for investors...

Great time for investors... We know there are quite a few anxious home owners, buyers and investors out in the market at the moment. The downward turn in the stock market and speculation of continued interest rate rises being the main cause for those grey hairs! The truth is none of us have a crystal ball to look into and determine what is going to happen in the next 12 months – however what we can tell you is what’s happening right now.

A couple of weeks ago I shared with you how Toop&Toop have been gaining interstate and overseas interest from buyers in regards to investing in our state. Right now, with the rental market in full swing, they are certainly choosing the right time.

Throughout January our Property Management team have received a huge amount of interest on properties across the board. We’ve seen an increase in demand for top level executive homes and the fully furnished apartments are drawing keen interest especially from university students new to the state.

There is one area of rental accommodation where we are having trouble keeping up with the demand…properties priced below $300 per week are walking out the door at a faster rate than we can advertise them. We are finding that no sooner have we put a property onto we are receiving emails and phone calls from prospective tenants who are keen to look through. Some are even offering to put in applications prior to seeing the property.

At the moment we have a number of quality properties for sale across Adelaide and a keen list of registered renters. So, if you’re thinking of investing or renting out a current investment property call your local Toop&Toop office today.
Anthony Toop, Managing Director <>

© Toop Real Estate Group

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