|
|
Article: Why quality is still the key.
- Article from:
- Australasian Business Intelligence
- Article date:
- August 3, 2003
CopyrightCOPYRIGHT 2003 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Aug 03, 2003 (The Sunday Age - ABIX via COMTEX)
Australian investors in real estate should expect a three to five per cent return, as well as tax advantages. To secure maximum return, John McGrath of McGrath Estate Agents says, it is necessary to choose the right property. This is becoming increasingly important as the market tightens. McGrath suggests choosing quality, with properties built by companies such as Mirvac retaining a high resell value. Monique Wakelin of Wakelin Property Advisory agrees, saying that in a strong market all property appreciates, but ...