For a number of years now, the Australian property market has been splitting itself into a number of very different sub-markets. The residents of Western Sydney are certainly experiencing price movements distinctly unlike those in the Inner City suburbs for example.
In Sydney, the cost of buying a house has more than tripled within the last few decades while most of the other major cities have doubled in value, but both Adelaide and Perth have seen a much slower movement.
But there are a lot of other changes taking place too. We have the urban property market that continues to strengthen with the older parts of Sydney continuing to attract strong competition despite the fact that they are sprinkled with factories and warehouses.
Changes and improvement in transport and rads make living further away from the city much more viable and attractive for some and there are some surprisingly great bargains to be found in much more remote areas that have seen a boom of interest from mining.
With all of this to take into consideration, no wonder it can become confusing to figure out which market to target when investing in a positive cashflow property WRAP in Australia.
The last thing you want to do is to follow a static plan that you may have heard of through other Vendor Financiers or in a book or online. Instead you really must take the time to talk to an expert who has successfully completed WRAPS and currently uses this method to continue to invest in positive cash flow properties AND people.
There is a huge number of people who want to own their own home but cannot get a mortgage for a multitude of reasons and these people are in every market across the board and a WRAP has to produce a win-win outcome for both sides.
Therefore, an expert will tell you that it isn't good enough to stick to a static strategy; there are too many variables and your own personal circumstances to take into consideration before going ahead with a WRAP. This is a prime example of where it is only fools who rush in.
To Your Success
The Aussie Wrapper