<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=178275966061990&amp;ev=PageView&amp;noscript=1">

3 min read

Why Investing in Cornus Apartments Makes Perfect Financial Sense

Why Investing in Cornus Apartments Makes Perfect Financial Sense

In today's dynamic real estate market, making the right investment choices can yield substantial returns. The AFR (Australian Financial Review) recently reported why people should consider buying and investing in apartments. Let’s explore the main drivers:

  1. Strong Growth Prospects: According to KPMG's predictions, Melbourne's housing market is poised to outperform Sydney, with prices accelerating by 12 per cent by June 2025. This growth is attributed to increased demand and constrained supply. 
  2. Increasing Demand: Chief economist, Brendan Rynne, emphasises that higher demand is expected due to factors such as migration, anticipated rate cuts and relaxed lending conditions. 

  3. Shift from Renting to Owning: High rental costs are motivating renters to transition to homeownership, according to KPMG's forecasts for new housing completion and the Treasury's population projections, rent is expected to increase by 5.6% over the next two years, significantly surpassing the long-term average of 3.1%.


    pexels-karolina-grabowska-4506270

  4. Supply Constraints: Dr. Rynne notes that housing shortages are expected to persist due to reduced construction activity. 

  5. Low Interest Rates: The Reserve Bank of Australia's decision to keep interest rates on hold at 4.1 per cent is expected to spur buying activity, with listing numbers increasing and days on the market decreasing. Many economists are predicting consumer confidence will increase due to interest rate certainty. 

  6. Strong Market Conditions: The increasing number of new listings and strong population growth are indicators of a robust property market, with the May budget forecasting a net growth of around 400,000 this year and 340,000 next year

  7. Pent-up Demand: Buyers who have been waiting for prices to drop are now entering the market, fearing that they might miss out on potential gains and due to the lack of supply. 

  8. Resilience to Economic Changes: Despite concerns about rising interest rates and the cost of living, the real estate market remains resilient, with new listings in Melbourne climbing 12% in spring. 

 



In conclusion, investing in apartments aligns with current market trends and economic forecasts. With strong demand, limited supply and favourable conditions, now is an opportune time to consider the potential benefits of owning a Cornus Apartment.

Don't miss out on the chance to secure your financial future. Contact us today to explore the investment opportunities offered by Cornus apartments and take the first step towards a prosperous tomorrow.

 

 

*Please refer to the Federal and State Government websites for further information. Terms and Conditions apply to any other promotions that may be contained within this communication. Please enquire within and check with the vendor and agent for further terms and conditions. Only one promotion can be used per purchase and can not be used in conjunction with any other promotions. The information contained herein is given for general information purposes only and it is subject to change. Readers, viewers and consumers are advised to perform their own research and investigations and obtain their own financial, legal and other advice. The information and materials do not form any representation by any vendors or agents of any vendors and may include third-party opinions that do not represent the opinion of any vendor or agent. They do not form part of any contract of sale and they do not constitute legal, financial, real estate or other advice and must not be regarded or relied upon as such. No warranty is given either expressly or implied and the vendors or agents do not assume liability for negligence or otherwise with respect to the contents herein. Any plans are yet to have had their structural and services review so are subject to change prior to completion of construction. All plans, dimensions, areas and particulars herein whether by measurements or visual representation are approximate only, for general information only, and do not constitute any representation by the vendor or its agents or representatives. They do not form part of any contract of sale. Changes will undoubtedly be made during development and dimensions, fittings, finishes and specifications are therefore subject to change. Any furniture, goods and chattels depicted in this document are not included with any sale. Prospective purchasers or lessees are advised to not to rely on the information contained herein and to satisfy themselves as to the accuracy of all information given by making their own inspections, searches, inquiries and advises or as is otherwise necessary. The vendor or its agents or representatives will not be responsible for any error or misdescription which may appear. Further, the vendor or the developer or their agents or representatives do not represent, warrant and/or guarantee that the integrity of this communication has been maintained or that the communication is free of errors, virus, interception or interference. Usage of this or any other websites and materials and any associated website or material is subject to further terms and conditions.

Investment Property Guide

4 min read

Investment Property Guide

Are you contemplating the exciting venture into property investment? Whether you're a first-time homebuyer embarking on your property journey or a...

Read More
2023 Federal Budget Update

5 min read

2023 Federal Budget Update

Labor's 2023-24 Federal Budget introduces housing initiatives to tackle challenges faced by renters, first-home buyers and property investors. Cornus...

Read More
How To: Use Your Equity to Purchase an Investment Property

5 min read

How To: Use Your Equity to Purchase an Investment Property

Are you eager to invest in a property but find yourself short on the cash needed for a deposit? Well, if you're already a homeowner, there's a way to...

Read More