The latest BIS Shrapnel report forecasts that house prices in Sydney will increase by 22% in the next 3 years. For a median-priced $530,000 home, this would mean a $100,000 gain by mid-2012.

If you own a property in Sydney, that’s great. However, how would it feel to have 2 or 3 properties growing at this rate? Fantastic, I am sure. If you have equity in your family home, this could serve as the deposit to acquire additional properties in the Sydney market and increase your gains dramatically.

The best part is that with tenants and the taxman contributing most of the costs through rentals and tax concessions, you are free to enjoy the capital gains and enjoy an excellent return on investment. And by making use of a company like McCarthy Group, you can be guided every step of the way by a team of dedicated and experienced experts, from the initial strategy, through the purchase of a suitable property, all the way through to professional property management.

If you are in a position to buy an investment property in Sydney and you don’t act on it, you are knowingly missing out on a tremendous opportunity. The fact that Sydney is set for the next phase of growth means that lots of investors will participate.

With some equity in your home this strategy is achievable and affordable. It would cost you $50pw or less.

With so many signs pointing to recovery and growth, this is an opportunity not be missed. As an incentive to make the first move, think how you’d feel if the forecast proves accurate, and you’d let the opportunity pass you by.

For more information on the outlook on investment property, or to make a no-cost, obligation-free appointment, contact us on (02) 9687 3601 or email us on info@mccarthygroup.com.au