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%.
   
   
   
   
   
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.

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