There’s good news for property investors

If you have invested in property over the years you’d be familiar with the rise and fall of the market that can have a positive or negative influence on your return.

It’s been a particularly trying time for those looking to invest of late, but the good news according to CoreLogic is that home values are on the rise and investors are getting back into the market.

Having recently released its Home Value Index for the month of October, it highlights property values in six capital cities across Australia have risen.

Darwin was the stand-out performer for the month with a 2.2 per cent increase in property values, while Brisbane had an increase of just over 1 per cent and Sydney, Melbourne, Perth and Canberra all rose by less than 1 per cent.

Unfortunately, Adelaide and Hobart suffered major blows with more than 2 per cent decline in property values.

CoreLogic research director Tim Lawless told NewsCorp that both capitals were smaller markets that could be volatile, but he was “surprised” by the level of the decline.

“It does come on the back of what had been previously a reasonably consistently strong conditions,” he says.

According to Lawless 50 per cent of all new mortgage demand was from investors, likely to be as a result of low mortgage rates.

As Starts at 60 reported recently, the two major trends emerging in housing that might appeal to baby boomers are tiny houses and shipping container homes.

Read more: Unconventional housing options for retirees

Property investment is still one of the most robust investment opportunities in Australia, especially in the long-term.

According to Your Investment Property magazine, the assertion that Australian property is unaffordable is untrue.

“Admittedly, if you are looking for an investment in the prime suburbs of Sydney or Melbourne, it’s likely you won’t come away with much change from $500,000 — even for a two bedroom unit — but middle-ring suburbs, regional towns and cities, or cheaper capitals [such as Adelaide or Hobart] can all offer affordable entry points,” it says.

Do you — or have you — invest in property? What are the things you look for when looking at your next investment?

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