The best thing you might want to do if investing in commercial property is assemble a ‘dream team’ of experienced operators that understand the process and understand why you are investing.
Mortgage Professional Australia has announced that Perry Finance Director and Melbourne Finance & Equity Group CEO Cameron Perry is one of MPA’s Top Ranked Commercial Brokers of 2022.
Prospective home buyers and investors are being warned to temper their expectations as the dust settles on the Reserve Bank’s first interest rate rise in years.
The Reserve Bank this week pulled the trigger on interest rates as expected, hiking the official cash rate by 25 basis points to 0.35 per cent.
Soaring new inflation figures this week were higher than expected, with consumer prices rising at a rate not seen since the GST came in, meaning an interest rate rise could come as soon as May.
It wasn’t long ago that the Reserve Bank were forecasting interest rates to stay put until 2024, but rapidly rising inflation has them on the verge of pulling the trigger within months.
The commercial property market is buoyant as it learns to adapt to new trends caused by the COVID-19 pandemic.
Have you ever considered investing in commercial property rather than housing? Do you need some office or warehouse space for your own business?
Australia’s two biggest cities, Melbourne and Sydney, have been long time powerhouses of the nation’s property market but are starting to lag behind.
NAB chief executive Ross McEwan says higher interest rates are already here but customers who are ahead on payments will be able to absorb.
