Interest rates no deterrent to positively geared property investments
Despite higher interest rates, Australia abounds with locations where rental yields are well above average and capable of covering mortgage expenses.
In solving the investment puzzle that leads to positively geared property, the current high interest rate environment needs to be addressed. (Image source: Shutterstock.com)
It’s timely as the first of the big banks moves to reduce fixed interest rates that we look at the effect interest rates have on property investment.
Macquarie Bank is reducing its rates on fixed, one-, two- and three-year terms, which many believe will be the start of other major lenders assessing their fixed rates ahead of the first Reserve Bank of Australia board meeting on 18 February.
One of the great misconceptions of real estate at prese…
