Climb the Property Ladder

Despite affordability problems, homebuyers and investors in all of Australia’s capital cities have the opportunity to buy low and work their way up the property ladder. They just need to know how to do it.

Australian Property Investor magazine’s February issue reveals tried and true techniques for getting into the property game at the bottom end and working up to bigger and better digs.

“Most Australians have a picture in their heads of their dream home, whether that be a house overlooking Sydney Harbour or a funky, modern apartment at St Kilda in Melbourne but the reality is that they’re not likely to achieve that dream based on their salary alone,” says API editor Eynas Brodie.

However, by starting out small in the property market, it’s possible to work your way up the chain and into your dream home.

Shrewd investors and homeowners discovered long ago that the trick is to start many kilometres from your preferred position and work your way in.

“In Sydney, for example, that could mean starting out beyond Liverpool or Parramatta, then ‘graduating’ to the likes of Bankstown, Epping, and Ryde, then moving up another step and another until you reach your target, which might be somewhere like Double Bay,” Mrs Brodie says. “The same principal applies no matter which city your dream house is located in.

“The key is to take the right first step, as you can’t just assume any low-priced area is going to grow. Once you start building equity then you can start climbing the ladder.”

Wealthfarm Financial Planners can help you to achieve your dream of living in your ideal house, on the water in the country. By working your money using successful but simple strategies your dreams can become realities. Call 1800 WORK IT today for an appointment to find out how.  


FOR FURTHER INFORMATION:
Please contact Mrs Eynas Brodie
Australian Property Investor
W: (07) 3720 9422
E: editor@apimagazine.com.au  
Website: http://www.apimagazine.com.au/
© Australian Property Investor magazine - www.apimagazine.com.au Reproduced with permission.