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If
your family home is in an Australian capital
city, it is likely to have increased in
value by between 5 and 15 per cent over
the past 12 months. This might seem hard
to believe, but it is the message in the
special property supplement of the Australian
Financial Review dated January 22-26,
2010. And the news gets better –
the strong growth will continue through
2010, meaning that property owners will
have experienced one of the strongest
periods of growth since 2004. The exception
is Brisbane, where property prices have
remained flat through 2009, but are expected
to rise strongly through 2010.
What this means is that you could well
be sitting on a golden opportunity and
the chance of a lifetime. This increase
in the value of your home might well have
increased your equity by the amount you
need for a deposit on an investment property!
In other words, you could now be sitting
on the deposit you need. The interest
repayments on the mortgage and other costs
will then be virtually paid for by the
combination of rent from tenants and tax
concessions from the government.
In one year’s time, your family
home could have increased by a further
8 to 10 per cent, and your new investment
property as well, meaning you could then
buy a second investment property, placing
you well on your way to creating a future
where your financial freedom could become
reality.
This is an opportunity that has been
gifted to you despite the GFC. You have
to recognise this windfall gain for what
it is, and act upon it. Doing so will
open up a whole new dimension to your
financial plans and your future prosperity.
It is like being awarded a penalty kick
right near full time in a hard-fought
football match. Would you place the ball
on the spot, score a goal, and win the
game, or would you think it’s all
a bit hard, kick it into touch, and walk
off the field?
If your family home is in one of the
capital cities or one of the many regional
areas that have shown strong growth, you
are in a position to score and get into
the world of investment property, and
never look back.
However, you have to act, and act soon,
as this combination of increased equity
in your home, house prices that are set
to grow further, and low interest rates,
will prove very attractive to many homeowners,
so you need to read the signs and get
into the market and beat the rush.
You heard the good news first on Freedom
News, which is what this newsletter is
all about. We want to help you build your
family assets, and this is the perfect
time to do so. Act now, and savour the
returns at your leisure.
If you would like to learn more and discuss
how McCarthy Group can assist you, click
here.
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