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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Fri 14 Jun '24 with Rich Harvey Tax Effective Property Investment Strategies
 
 
Fri 24 May '24 with Rich Harvey Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 
 
Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024
 

 

Listen to many more
podcasts on our
Podcasts page.

 
 
 

Propertybuyer Blog
Property advice, market updates & more

 

How are first time investors feeling?

August 22, 2014 / Written by Rich Harvey

 

By Rich Harvey, CEO, propertybuyer.com.au

Mortgage broker RAMS have released their First Time Investor Survey 2014, and the findings are extremely interesting for anyone looking at property investment in Sydney.

While 76.3 per cent of those surveyed are not stressed when it comes to gathering information for their first investment property, almost half are worried interest rates could jump. Others expressed concern over a tenant's ability to pay, destructive renters and poor property managers.

However, with the interest rate remaining low and investors having an increase threshold of up to 2 per cent before feeling uncertain, the survey expects investor demand to stay strong for the next year or so.

What's not to like? Well...

First time buyers have also identified their pet peeves in real estate listings, with exaggerations on property descriptions topping this list. Phrases they wished to be outlawed include 'hot property', 'water glimpses' and 'renovator's dream'. Despite this, 38 per cent of people surveyed still prefer to go to a real estate website for help with their first property. Buyers agents work with you as the buyer, helping you find a property that best suits your needs.

The RAMS survey also notes that first time buyers and investors are preferring to move away from the CBD, instead opting for established houses or apartments in quiet suburbs, with quality fittings and regular public transport nearby. Our agents work extensively in these areas of Sydney, notably in the inner west suburbs such as Ultimo or Summer Hill.

If you would like an agent representing you who works for your best interests, you are welcome to contact us today. We have a wide range of excellent properties all across the inner Sydney suburbs, and are confident we'll find the right one for you.

The Propertybuyer
Podcast

 
Fri 14 Jun '24
with Rich Harvey
Tax Effective Property Investment Strategies
 
 
Fri 24 May '24
with Rich Harvey
Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 
 
Mon 26 Feb '24
with Rich Harvey
Sydney’s Inner West – Hotspots and Outlook for 2024
 

 

Listen to many more
podcasts on our
Podcasts page.