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Relaxed Lending Criteria and Variable Interest Rates Increase Investors Appetite

The latest news received today is that RBA hold back on further interest cut! Thanks to RBA holding back on the rate cuts to below 3 percent, thereby increasing the investors appetite to invest in property market. According to Australian Bureau of Statistics, there is an increasing activity among Australian investors as the average rate for an investiment loan remains at 3.8% which is above 0.1%, higher the average rental yield of 3.7% in most…

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Author : Charles Vincent Kaluwasha

Founder and CEO of C J Investiment. Charles Kaluwasha is a real estate entrepreneur and developer, specializing in building 2-5 unit properties in Melbourne City and Gold Coast. He currently owns 3 investment properties. He has rehabbed, Flipped and/or lease-optioned over 3 single-family residences using funds from private investors. He has secured 2 investment apartments in Melbourne and Gold Coast to be completed early 2020. A developer of C J Academy/mentorship program helping investors and homeowners with basic and advanced financial education and real estate investing strategies to create passive wealth.

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