What a remarkable year it has been for the Property Market in Port Pirie thus far! Whilst some were suggesting that 2007 would see a more subdued Real Estate Market, I am pleased to report that this year has been a very positive one both for Property Owners realising capital gains and for Landlords enjoying those long awaited increased Rental Returns.
Importantly, the best news of all is that this situation is showing no signs of a slow down in the foreseeable future. In fact, I am anticipating that the Spring/Summer will be one of the busiest on record in Port Pirie.
South Australia and in particular Port Pirie, now stands on the precipice of great economic growth and the positive spin-offs from the expansion of the Olympic Dam, Roxby Downs, Oxiana and Prominent Hill combined with multi million investment into Technology Industries and cutting edge Defence Infrastructure are enormous.
On the Investment Front, the much publicised shortage of available Rental Property in Port Pirie has seen strong increases in Rental Returns for many of our Landlords. With this imbalance looking likely to continue for some time yet, this could be the ideal time for Readers to consider purchasing an Investment Property, whether as an addition to an existing Portfolio, or for the first time.
With Interest Rates, and the outlook for the overall economy likely to remain stable for the foreseeable future, and the Federal Election confirmed, the coming months look like being an excellent time to consider Selling Property in Port Pirie.
If we can be of assistance to you, your friends or family, please do not hesitate to call.
