Dear %%first_name%%,
The RBA left interest rates on hold on Tuesday, and while the talk of more rate cuts is subsiding, the outlook is still very good for property pundits. Most experts are forecasting a very good winter ahead and the first gains in major markets since the slump of two years ago.
Our exclusive data from Residex highlights the suburban areas in the Brisbane, Sydney and Melbourne surrounds that are forecast to grow over the next five years. Many of these areas are very affordable – none of the areas have a median price of more than $1 million – and their yield levels are arguably stronger than what was revealed for capital city areas last week. Check out the details in our story below.
Also today in the Switzer Super Report, James Dunn places a fine-toothed comb over depreciation and capital works deductions available to the SMSF property investor. Ron Bewley looks at the telco sector in Australia and our Fundie’s favourite is logistics company Qube.
For all those interested in hybrids, don’t miss Gavin Madson’s review of the recent changes by ratings agencies. He’s none too pleased. Our question of the week covers some important issues around transferring personal shares into your SMSF and Tom Elliot gives us his monthly video update.
Next week Barrie Dunstan is back with a unique view on the commercial property sector and we promise you an article on the top seven tips for buying an investment property.
Happy investing!
Sincerely,
Peter Switzer
In his monthly video update Tom Elliot explains why Caltex should be viewed in a new light and Envestra is shaping up as a potential target.