Since 1996, house prices have more than doubled in all capital cities (except Perth), with Brisbane leading the pack, followed closely by Melbourne and Sydney. With house prices displaying such phenomenal rates o growth, could this mean that the residential property market has already done its dash in these cities during this property cycle? The fully revised and updated sixth edition of this highly acclaimed book provides investors and owners alike with all the information they need to understand the current market conditions in a longer term context, and make more informed property decisions.
Author Dr Peter Waxman examines the property cycles, the effect of the economy, factors affecting house prices, financing and taxation, supply and demand factors, and much more.
Investing in Residential Property is firmly established as the most authoritative book on residential property published in Australia, and should be essential reading for:
prospective first home buyers
existing home owners, including those buying or selling their own homes
prospective and existing investors in the residential market
real estate professionals such as property developers, real estate agents and solicitors
trustees of DIY super funds and family trusts with investments in residental real estate
students of the residential property market keen to understand the intricacies of this sector
those simply interested in learning what makes the residential property market tick
The author is donating all royalities from this book to the NSW Cancer Council.